FinanceGuardian Technologyabout 3 hours ago
Amazon Cloud Sales Surge 39.3% in Q3
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Amazon reported strong growth in its AWS cloud unit, with sales rising 39.3% in the quarter ended 30 September, marking the fastest rate in nearly five years. Despite this, shares fell over 6% as investors worried about core business performance and high AI spending of $220bn for the fiscal year.
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