Why Amazon Stock Surged to an All-Time High Today

By Yahoo! Finance   |   1 month ago
Why Amazon Stock Surged to an All-Time High Today

Amazon's shares surged 10% as its cloud computing business showed accelerating growth. With third-quarter sales rising 13%, Amazon's AWS sales increased by 20%. The company aims to bolster its position in AI and automation technologies to drive future expansion and profitability.

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