www.marketwatch.com
Despite lagging behind other Big Tech companies in stock performance this year, Amazon could be poised for a resurgence, driven by increasing its cloud computing capacity. This expansion is likely aimed at capitalizing on growing demand for cloud services, potentially boosting Amazon Web Services (AWS) revenue. The increase in capacity suggests a proactive approach to meeting future client needs and could translate to renewed investor confidence, ultimately improving Amazon’s stock performance and reaffirming its position as a dominant player in the cloud market.
