Amazon’s AWS is exploding as AI demand surges, driving 37% Q2 revenue growth and powering 60% of the company’s profits. With $220B budgeted for infrastructure this year and projections for $828B in total revenue by 2026, Amazon is on track to hit $114B in operating income — potentially boosting its market cap to $3.4T and pushing shares toward $316. While some analysts have different top picks, Amazon’s cloud dominance looks unstoppable.

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