Amazon (AMZN) Stock: Eyes $4 Trillion as AWS Profit Growth Accelerates
TLDR Amazon stock needs a 31% gain to reach the $4 trillion valuation milestone AWS sales rose 37% while operating income climbed about 63% year over year Amazon’s quarterly revenue hit $200.6 billion after strong 20% annual growth Capital spending rises to $220 billion as Amazon expands its cloud capacity Strong operating profit supports Amazon’s [...]
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Source: Source: Blockonomi