Amazon stock jumped after the e-commerce and cloud-computing giant reported second-quarter results. Cloud growth for Amazon reached a more than four-year high as the company touted progress in offering custom AI chips and services to enterprises. The earnings number was helped by pretax gains on Amazon's investment in the AI startup Anthropic, Amazon said.

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Why Is Amazon Stock Surging? A $220 Billion AI Plan Didn’t Spook Wall Street.

Yahoo2026.07.30

Revenue for the quarter reached $201 billion, above expectations of $197 billion, and up 20% on the year.

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Michael Burry Adds To His NVDA And MU Shorts — And Makes More Moves In These Stocks

Yahoo2026.07.30

Michael Burry reveals fresh portfolio moves, adding to existing holdings while expanding short positions tied to AI and semiconductor stocks.