Amazon Earnings Boost Driven by AWS Momentum

3 months ago

"Andy Jasse, president and CEO of Amazon talking up the strong momentum and growth across Amazon as AI drives meaningful improvements in every corner of our business. Some comments on AWS too. Andy Jasse saying that AWS is growing at a pace we haven't seen since 2022, reacelerating to 20.2% year-over-year. And you can see maybe some of that being expressed in the shares right now."

The speaker highlights Amazon's solid performance, noting that AWS is experiencing a robust growth rate of 20.2% year-over-year, driven by AI-related improvements. This commentary underscores positive investor sentiment as reflected in the stock's aftermarket performance.

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