Amazon Hits All-Time High on AWS Surge, Hailed as Generational Wealth Builder

Amazon (AMZN.OQ) shares hit an all-time high this week after a 44% YTD rally, with pundits calling it a generational wealth builder amid AWS's 28% Q1 sales growth to $37.6B and $14.2B operating profit. The surge followed May 4's six-month high of $270.45 amid massive unusual put volume (~25K contracts on $272.50 strike) and bullish June call spreads, then analyst upgrades like Goldman Sachs' PT hike to $325 post-Q1's $181.5B revenue (+17% YoY). AWS's $364B backlog, AI deals with OpenAI/Anthropic, and $200B capex plans fuel optimism despite 32x forward earnings valuation.