Amazon reports Q3 AWS revenue up 20% YoY to $33B, vs. $32.42B est., and AWS operating income up 9.5% YoY to $11.4B (Annie Palmer/CNBC)
PositiveArtificial Intelligence

Amazon's latest earnings report reveals a significant 20% year-over-year increase in AWS revenue, reaching $33 billion, surpassing estimates. This growth, alongside a 9.5% rise in operating income to $11.4 billion, highlights the strength of Amazon's cloud services amidst a competitive market. Such performance not only boosts investor confidence but also underscores AWS's critical role in Amazon's overall business strategy.
— Curated by the World Pulse Now AI Editorial System





