Is Amazon Stock Poised to Rally on AI Services Revenue Expansion?

Amazon AMZN is expanding the AI services it sells through Amazon Web Services (“AWS”), and its September 2026 launches added to that pipeline. AWS brought OpenAI’s GPT-6 Astra to Amazon Bedrock and made the Amazon Quick desktop app generally available. It also made Moonshot AI’s Kimi K3, with 2.8 trillion parameters and a one-million-token context window, available on Bedrock, while Amazon Connect Talent, an AI-powered hiring solution with voice interviews and candidate assessments, reached general availability. These launches give Bedrock more models to offer and extend AWS’ agentic AI tools into workplace and enterprise use.

The business already has strong traction. In the second quarter of 2026, AWS’ AI business passed a $25 billion annual revenue run rate, growing at triple-digit percentages year over year. Hundreds of thousands of customers now use Bedrock, and they spent more in the second quarter than in all prior quarters combined. Usage of Kiro, Amazon’s coding agent,…

https://www.theglobeandmail.com/investing/markets/stocks/AMZN/pressreleases/5009568/is-amazon-stock-poised-to-rally-on-ai-services-revenue-expansion/