Amazon.com Inc. shares skyrocketed over 15% on Friday after the latest earnings report revealed Amazon Web Services (AWS) marked the fastest growth in 18 months.
Cloud revenue led the stellar results as AWS revenue increased by 37% year-over-year to $42.2 billion, while the company's overall revenue added 20% to land at $200.6 billion.
The retail giant's stock jumped 15.03% at 10:01 am ET to sell for $270.9.
https://breakingthenews.net/Article/Amazon-surges-15-after-results-beat-estimates/66827043
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.