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Amazon Upgraded on AWS Growth, NZ Project Boosts Economy

9/29/2025

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Story summary
  • Amazon.com, Inc. receives an Overweight upgrade, signaling a positive stock outlook from Amazon Web Services (AWS) growth.
  • AWS generated about $80 billion in 2022, representing 16% of Amazon's total revenue.
  • The Asia Pacific (New Zealand) Region launched with over NZ$7.5 billion invested, while the NZ project is expected to contribute NZ$10.8 billion to the economy and create about 1,000 jobs.