Following the update, at 12.47 pm, the scrip was trading 3.45 per cent higher at Rs 131.80 over the last day’s closing of Rs 127.40 a piece. The stock has rallied 196 per cent in the last three months and is up nearly 45 per cent in the past one year.
Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%
Amazon Web Services (AWS) surpassed Wall Street’s cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI