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Amazon shares jump 9% after AWS growth tops expectations
AWS sales rose 37% year over year versus analysts' 31% growth estimate, helping drive a revenue beat.
Amazon shares rose about 9% after the company reported a stronger-than-expected revenue and cloud performance, with investors reacting to AWS momentum.
CNBC Markets reports that AWS sales grew 37% year over year, which outpaced analysts' expectations for 31% growth.
The results supported a broader revenue beat, underscoring continued strength in Amazon's cloud segment.
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