Industrial and Commercial Bank of China is bullish on Amazon (AMZN.US) Rainier project expected to boost cloud revenue.
According to the Wisdom Finance APP, Furto Bank has upgraded its rating on Amazon (AMZN.US) from "hold" to "buy". The bank stated that due to the increase in capacity of the Rainier project and the market share loss situation by 2025, it is more confident in the accelerated growth of Amazon's cloud business AWS revenue in 2026.
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