{"id":261500,"date":"2025-10-30T20:56:08","date_gmt":"2025-10-30T20:56:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/261500\/"},"modified":"2025-10-30T20:56:08","modified_gmt":"2025-10-30T20:56:08","slug":"amazon-earnings-live-updates-20-aws-sales-growth-drives-stock-surge","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/261500\/","title":{"rendered":"Amazon Earnings Live Updates: 20% AWS Sales Growth Drives Stock Surge"},"content":{"rendered":"<p>Amazon&#8217;s stock popped more than 9% on Thursday afternoon after the company reported huge growth in the third quarter, including in its cloud business, Amazon Web Services.<\/p>\n<p>CEO Andy Jassy said AWS was &#8220;growing at a pace we haven&#8217;t seen since 2022.&#8221; He also called out particularly strong demand for its AI offerings.<\/p>\n<p>&#8220;We continue to see strong demand in AI and core infrastructure,&#8221; Jassy said.<\/p>\n<p>The company&#8217;s results exceeded Wall Street&#8217;s expectations, offering investors a sigh of relief, particularly as Amazon&#8217;s stock has been the laggard of the <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"c-link\" href=\"https:\/\/www.businessinsider.com\/amazon-stock-price-amzn-mag-7-tech-ai-stocks-2025-10\">Magnificent Seven<\/a> this year.<\/p>\n<p>The report came after Amazon earlier this week said it would be cutting 14,000 jobs in one of the biggest rounds of layoffs in its history.<\/p>\n<p>Amazon&#8217;s call with analysts is scheduled for 5 p.m. ET.<\/p>\n","protected":false},"excerpt":{"rendered":"Amazon&#8217;s stock popped more than 9% on Thursday afternoon after the company reported huge growth in the third&hellip;\n","protected":false},"author":2,"featured_media":261501,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[141058,960,28,141063,3426,26968,473,141060,2995,141062,23666,21733,141061,6480,141059,918],"class_list":["post-261500","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-ai-offering","tag-amazon","tag-business","tag-ceo-andy-jassy","tag-company","tag-expectation","tag-history","tag-huge-aws-cloud-growth","tag-investor","tag-magnificent-seven","tag-relief","tag-result","tag-sigh","tag-stock","tag-strong-demand","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/261500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=261500"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/261500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/261501"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=261500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=261500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=261500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}