Amazon stock price edges higher after AWS copper deal — what AMZN traders are watching next
Amazon shares rose 0.7% to $238.18 in premarket trading after AWS agreed to buy copper from Rio Tinto’s Arizona site using the Nuton bioleaching process. AWS will use the copper in U.S. data centers under a two-year deal. Investors are watching for Amazon’s early February earnings for signals on cloud demand and spending.