Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'
Amazon shares jumped after an earnings beat as investors hailed AWS profitability as proof AI investments are starting to pay off.
Amazon made more money than people expected, mainly because their cloud computer business (AWS) is doing really well. When a big company beats expectations and grows profits, it can mean their bets on new technology are working out.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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