Amazon shares soar as AI demand boosts cloud revenue — and results fire up CEO Andy Jassy

1. Amazon's cloud revenue surged, boosting quarterly sales forecasts. 2. Projected annual capital expenditures expected to increase significantly next year. 3. AWS revenue rose by 20%, outperforming estimates, reaffirming strong demand. 4. Amazon's stock surged 14% in after-hours trading, adding $330 billion in value. 5. Advertising sales increased by 24%, highlighting diversified revenue streams.