"Amazon's 'Magic Words' Propel Stock to Soaring $100 Billion Market Cap"

Amazon's stock surged over 6% in premarket trading after executives announced an acceleration in fourth-quarter revenue for Amazon Web Services (AWS), leading to a potential $114 billion increase in market value. Analysts praised the company's strong performance, with one calling it "the cleanest quarter in recent memory." They highlighted Amazon's ability to exceed expectations in operating income and revenue, as well as its pivot to a regional fulfillment model, which is expected to drive greater operating income and free cash flow generation. Additionally, there is optimism about the potential of generative artificial intelligence to drive AWS growth in the future.
- Amazon says the 'magic words.' They could spur a $100 billion market-cap boost. MarketWatch
- Amazon reports better-than-expected results as revenue jumps 14% CNBC
- Amazon Stock Jumps On Earnings Beat, Cloud AI Product Growth—Key Price Levels to Watch Investopedia
- Amazon Stock Soars as Analysts Rush to Raise Price Targets. Where Shares Could Go. Barron's
- Amazon CEO: AWS' $100B Run Rate 'More Than Any Other Cloud Provider' CRN
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