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Amazon Stock Gains Fuel Uptrend: Wall Street Focuses on Massive $496 Billion AWS Order Backlog

BenzingaAug 3, 2026, 5:03 PMAnusuya Lahiri

Amazon (AMZN) stock rose over 5% as analysts highlighted a massive $496B AWS backlog and strong cloud profitability driving long-term AI infrastructure growth.

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benzinga
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Aug 3, 2026, 5:03 PM
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Aug 3, 2026, 5:03 PM
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