Amazon stock soars to record high as AWS growth powers Q3 results

Amazon (AMZN) reported its third quarter earnings after the bell on Thursday, beating on the top and bottom lines as its cloud business grew faster than expected. The results come just a day after rivals Microsoft (MSFT) and Google (GOOG, GOOGL) announced their own results, with both companies saying they'll spend more on AI data centers going forward. "You're going to see us continue to be very aggressive in investing in capacity because we see the demand," CEO Andy Jassy said on the company's earnings ...