Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
https://apnews.com/article/amazon-be372ef0caaab068b2d0cd256aa9e716
LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading.
For the three months that ended on Sept. 30, the Seattle-based tech giant posted a revenue of $158.9 billion, higher than the $157.28 billion analysts had expected.
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Thu Oct 31, 9:36pm UTC
https://apnews.com/article/amazon-be372ef0caaab068b2d0cd256aa9e716
> LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading.
> For the three months that ended on Sept. 30, the Seattle-based tech giant posted a revenue of $158.9 billion, higher than the $157.28 billion analysts had expected.