Amazon.com Inc Surges 3.47% to $263.93 as AWS AI Run Rate Hits $15B

Amazon.com Inc stock jumped 3.47% to $263.93 amid commentary affirming the AI gold rush via AWS's $15 billion AI revenue run rate in Q1 2026—roughly 260x its $58 million run rate three years after launch. After a selloff triggered by geopolitical worries and growth fears, sentiment rebounded with Iran de-escalation and robust AI demand signals. Multiple articles emphasize buying dips in AI leaders like Amazon.com Inc, Nvidia, and cloud/chip peers for multi-year upside as adoption accelerates.