What's Behind the Amazon Stock Bounce Ahead of Q2 Earnings?
Amazon.com shares are trading higher Thursday as traders rally around AWS momentum ahead of the company's Q2 earnings release after the bell.
Amazon's stock price went up today because people think the company's cloud business (AWS) is doing really well, and everyone wants to see the earnings report later. When investors get excited about one part of a company working great, they often buy more shares.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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