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Amazon (AMZN) Soars on AWS AI Growth Amid Q3 Revenue Beat and Profit Setbacks

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The Story

News Summary

  • Amazon’s Q3 showed strong revenue growth led by AWS and online retail expansion despite profit misses due to one-time expenses.
  • AWS growth driven by AI workloads and new fulfillment services supports a bullish outlook.
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AMZN price history

256.78 +13.48% over the displayed period

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