Cloud business rebounds strongly, breaking market doubts! Amazon (AMZN.US) makes a comeback, potentially facing a major reassessment opportunity.

date
07/11/2025
According to the 36Kr Finance APP, for most of this year, Amazon's (AMZN.US) stock price has been dragged down by concerns from the market that its cloud computing business is being overtaken by competitors. But now, these worries have temporarily dissipated. The latest financial report released last week showed that Amazon's AWS sales achieved the fastest growth in three years, and the company subsequently signed a $38 billion cloud service agreement with OpenAI. This series of positive news indicates that the growth momentum of AWS, as Amazon's core business, is returning. Driven by this, Amazon's stock price has risen by 12% in the past four trading days, with a market value increase of around $300 billion, reaching its first historic high since February of this year.