Amazon’s core businesses post double-digit growth as AWS rises 28% YoY

Amazon’s core businesses are growing at a double-digit pace, with AWS up 28% year over year and operating cash flow rising 30%. The company is using that cash generation to fund large AI-related capital spending, including major partnerships with Nvidia and Anthropic. The article discloses long positions in AMZN and NVDA and argues that accelerating AI infrastructure investment is helping validate downstream demand. It says this backdrop is reinforcing confidence in Nvidia’s AI-chip demand and in Amazon’s ability to commercialize cloud and AI offerings.