Amazon Stock Surges Past $200 as AWS, Ads, and Prime Fuel Bullish Momentum
AMZN Reclaims Momentum as AI Bets, Prime Growth, and Margins Impress Wall Street
Amazon (NASDAQ:AMZN) Rallies Above $200 as Cloud, Ads, and Prime Outperform
Amazon (AMZN) surged back above $200/share, reclaiming bullish control amid a broader Nasdaq tech rebound. At the center of the recovery: better-than-expected margin performance in AWS, a robust advertising segment posting 24% YoY growth, and a resurgent Prime ecosystem. According to data from TradingNews Real-Time Chart, AMZN shares have gained over 12.7% in the past month, outperforming both GOOGL and MSFT during the same period. Technical levels show strong support near $192 and key resistance near $208–$211, setting up a potential breakout if macro sentiment holds steady.