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Amazon stock is soaring after earnings and it's all thanks to its cloud business. ☁️
Yahoo Finance· 2025-10-30 23:45
Amazon reported its Q3 earnings after the bell on Thursday, beating on both the top and bottom line. But the big number Wall Street wanted to know about was AWS revenue. And thankfully for Amazon at least, it also beat there.Andy Jasse said growth is reacelerating for the segment, which grew 20% yearoveryear. also said that the company's tranium 2 chip business which it allows companies to use to develop their own AI models or otherwise deploy AI is now a multi-billion dollar business and that grew 150% qua ...