amazon share price

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Amazon's share price increased following a strong quarterly earnings report, particularly with cloud sales growth surpassing estimates.

Amazon's share price saw significant growth, driven by the company's announcement of its second quarter results which revealed the fifth consecutive quarter of cloud sales growth. This strong performance in Amazon Web Services (AWS) led to a substantial increase in the stock's value, as reported by multiple financial outlets such as CNBC, Bloomberg, and Reuters. Investors responded favorably to the earnings beat and the cloud segment's continued expansion.