AWS growth hits 39%, its fastest in nearly five years, as Amazon misses on earnings
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Summary
Amazon Web Services revenue grew 39% to $46 billion in the third quarter, its fastest pace in nearly five years, and CEO Andy Jassy said he expects AWS to top 40% growth in 2027 and 2028. Amazon's earnings of $1.89 per share missed analyst estimates, and its stock fell more than 7% in after-hours trading. Read More
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