Amazon Q3 Earnings Beat Estimates, AWS Growth Pushes Stock
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Amazon is getting leaner in wake of significant job cuts
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Amazon Web Services is debuting Amazon Quick Suite, a new agentic AI platform that automates business tasks and connects data across company systems — a direct challenge to Microsoft Copilot and Google Gemini in the digital workplace.
While center store items account for a large portion of its grocery business, the company has made progress with coupling perishables and same-day deliveries, Andy Jassy told investors.
Amazon on Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new U.S. import tariffs that were imposed in August.
Amazon.com has announced an investment of over €1.4 billion ($1.6 billion) in the Netherlands over the next three years.
Amazon ($AMZN) was bringing up the market, smashing expectations with $180 billion in sales and a 20% bump in AWS datacenter services — its fastest growth in three years. First Solar ($FSLR) jumped 13%,
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Amazon shares jump 11% after strong earnings on AWS momentum and AI-driven demand
Shares of Amazon.com Inc. (NASDAQ:AMZN) surged more than 11% in early trading Friday after the tech giant reported better-than-expected third-quarter results, fueled by renewed growth in its Amazon Web Services (AWS) division and soaring demand for artificial intelligence (AI) infrastructure.