WS #13319

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Amazon stock jumps 5% to $285, surpassing $3T market cap on strong Q2 earnings (AWS +36.7% YoY, EPS beat). Jefferies reiterates Buy on Alphabet and Microsoft, citing cloud growth inflection and AI demand, with price targets $445 and $575.

Amazon crosses $3 trillion market cap

Amazon stock jumps 5% to $285, surpassing $3T market cap on strong Q2 earnings (AWS +36.7% YoY, EPS beat).

Jefferies reiterates Buy on Alphabet and Microsoft, citing cloud growth inflection and AI demand, with price targets $445 and $575.

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