What’s Going On With Amazon Shares
Published by
Benzinga
Benzinga
Amazon.com, Inc. (NASDAQ: AMZN) shares are trading higher by roughly 1.03% to $136.92 during Wednesday’s after-hours session amid broader tech sector strength. Shares of several tech stocks are trading higher in sympathy with NVIDIA, which reported strong second-quarter financial results and third-quarter guidance. Amazon Web Services (AWS) is a leader in cloud computing services. NVIDIA’s strong performance in the AI sector can indicate a growing demand for AI-related technologies and solutions. Since AWS offers various AI services, positive results from NVIDIA might signal increased utilizat…