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Amazon's cloud business growing at pace not seen since 2022
AmazonAmazon(US:AMZN) CNBC Televisionยท2025-10-31 03:36

The company beat top and bottom line estimates. Cloud revenue growth was up 20%. That was well above expectations and higher than last quarter's growth.Let's uh bring in CBC's Mackenzie Sagalas for the details. Mac. So Mel, Amazon stock trades on cloud.And that business is finally back in acceleration mode, writing rising at its fastest pace since 2022 and beating Wall Street's expectations with $33 billion in revenue. Now that's helping ease fears about Amazon losing big ticket AI deals to Google and Micro ...