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Amazon.com Inc. shares zoomed bigger in prolonged trading Thursday immediately after the firm posted its most important quarterly income considering that 2021, but shares turned all around following the company’s chief economical officer reported in a conference call that cloud income is decelerating in the present-day quarter.
Amazon AMZN described that initially-quarter earnings grew to $127.4 billion from $116.44 billion in the exact quarter last 12 months. Revenue reached $3.17 billion, or 31 cents a share, improving from a loss of 38 cents a share a yr ago, which was Amazon’s…
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