Amazon stock soars 15% as e-commerce giant’s AWS cloud business booms in ‘home run’ quarter

What’s happened: Amazon (AMZN) stock soared 15% on Friday. What’s behind the move: The e-commerce and cloud giant topped second quarter expectations as accelerating cloud growth at Amazon Web Services (AWS) helped drive strong results. Amazon also said its AI and custom chip businesses have each surpassed a $25 billion annualized revenue run rate. AWS…

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