Amazon stock skyrockets over 12% to all-time high on Q3 earnings beat. Check what's fuelling the numbers
Amazon's stock surged 12.4% to a record high of $250 following strong Q3 earnings, with AWS revenue up 20% year-on-year to $33 billion and advertising services generating $17.7 billion. Total revenue rose 12% to $180.2 billion, reflecting solid growth in cloud and advertising sectors.
Amazon's stock surged 12.4% to a record high of $250 following strong Q3 earnings, with AWS revenue up 20% year-on-year to $33 billion and advertising services generating $17.7 billion. Total revenue rose 12% to $180.2 billion, reflecting solid growth in cloud and advertising sectors.
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