Amazon Stock Pops As Q3 Tops Forecasts: AWS Strong, $1.8 Billion In Severance Costs, Shout Out To ‘The Summer I Turned Pretty’
PositiveEntertainment

Amazon's stock surged by 10% after the company reported impressive third-quarter results that exceeded Wall Street expectations. With a 13% revenue increase to $180 billion and a remarkable 20% growth in its Amazon Web Services (AWS) division, the results highlight the company's strong performance. Despite incurring $1.8 billion in severance costs, the overall positive outlook is a testament to Amazon's resilience and innovation, making it a significant player in the tech industry.
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