The Hidden $496 Billion Catalyst Waiting to Ignite Amazon Stock on Oct. 29
Amazon (NASDAQ:AMZN) reports third-quarter results Thursday, Oct. 29, after the bell. AWS has a $496 billion backlog, and I’ll be watching how fast that backlog turns into revenue. AWS Acceleration Meets a $220 Billion Spending Bill Last quarter, revenue reached $200.61B, up 19.6% year over year, and operating income rose 43% to $27.46B. AWS grew […]
Amazon (NASDAQ:AMZN) reports third-quarter results Thursday, Oct. 29, after the bell. AWS has a $496 billion backlog, and I’ll be watching how fast that backlog turns into revenue. AWS Acceleration Meets a $220 Billion Spending Bill Last quarter, revenue reached $200.61B, up 19.6% year over year, and operating income rose 43% to $27.46B. AWS grew […]
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