- Stock Performance: Shares surged 9.6% to $244.22, hitting a record high. CEO Jeff Bezos climbs to No. 3 on the world’s richest list with $265 billion.
- AWS Performance: Amazon Web Services reported $33B revenue, beating estimates of $32.5B. Full-quarter revenue guidance: $206–213B.
- CapEx & AI Investment: Capital expenditures expected to reach 94% of operating cash flows in 2025–26 (up from 76% in 2024) due to increased spending on AI, raising financing considerations.