Amazon reported better-than-expected earnings and revenue for the third quarter, driven by growth in its cloud computing and advertising businesses. The stock ticked about 5% higher in extended trading.
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Wall Street is also watching several other numbers in the report:
In cloud, Amazon Web Services revenue was a hair below consensus estimates, but it’s growing faster than the same period last year. Sales grew 19% during the quarter […]
Amazon shares pop on earnings beat, cloud growth