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Microsoft earnings provided optimism for the AI trade, as did the trading activity surrounding a hedge fund's fire sale.
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Amazon stock soars as e-commerce giant's AWS cloud business booms in 'home run' quarter Yahoo FinanceAmazon hikes 2026 capex to $220 billion due to higher memory costs CNBCAmazon.com Announces Second Quarter Results Amazon Investor RelationsAmazon soars as cloud revenue surge allays fears over ballooning AI bets Reuters
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