Amazon's stock surged 20% following a robust performance in its AWS division, which reported a 20.2% year-over-year sales increase. The company's Q3 earnings surpassed expectations, driving AMZN to a record high. A significant multi-year partnership with OpenAI has further bolstered investor confidence. Despite a 12% year-to-date gain, Amazon's stock performance trails other major tech firms. The company has raised its 2025 capital expenditure forecast to $125 billion, emphasizing AI development. CFO Brian Olsavsky highlighted the potential for continued growth into 2026.