Amazon shares jump after second-quarter results surpass analyst estimates across key business segments.
Amazon.com (AMZN) shares climbed 15% to close at $271.58 after reporting second-quarter earnings that exceeded expectations across nearly all major metrics. The rally extended a 3.9% gain from the prior session, reflecting investor optimism over the company’s performance.
The results outpaced consensus estimates, with growth driven by both e-commerce and cloud computing divisions. Comparable figures from the previous quarter or year were not disclosed in the release.
The session’s gain marked one of the largest single-day moves for the stock in recent months, underscoring strong market reaction to the earnings report.