Amazon’s stock rises as cost-cutting measures and AI investment boost AWS profits

“Advertising is growing and AWS has been strong,” said Amazon’s chief financial officer Brian Olsavsky on the earnings call. “A lot of that’s driven by cost controls and expanding revenue on the top …

Amazon’s stock rises as cost-cutting measures and AI investment boost AWS profits

Amazon’s stock rises as cost-cutting measures and AI investment boost AWS profits

 

 

 

 

 

 

 

 

 

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