Why Amazon (AMZN) Stock Is Trading Up Today

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) jumped 10.4% in the afternoon session after the company reported third-quarter results that surpassed Wall Street’s expectations, driven by strong growth in its cloud computing division. Amazon’s net sales rose 13.4% from the previous year to $180.2 billion, beating estimates, while earnings per share came in at $1.95, also well above analysts’ forecasts. A key highlight was Amazon Web Services (AWS), the company’s cloud u

Custom Intelligence: Building AI that matches your business DNA

In 2024, we launched the Custom Model Program within the AWS Generative AI Innovation Center to provide comprehensive support throughout every stage of model customization and optimization. Over the past two years, this program has delivered exceptional results by partnering with global enterprises and startups across diverse industries—including legal, financial services, healthcare and life sciences, […]