Amazon is trading 13.9% up at CA$30.87 following a blowout Q2 2026 earnings report featuring rapid AI-driven AWS growth and raised investment plans.
- The company reported 20% net sales growth, a major AWS beat, and a massive cloud backlog.
- Investors are responding to management’s aggressive CA$220B-equivalent AI and data-center capex plan.
- Shares are also benefiting from broader strength across the technology sector.