Amazon's Q3 Earnings Beat Expectations

This is a US news story, published by Guardian, that relates primarily to Amazon news.

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cloud computing business

Guardian

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Amazon beats Wall Street expectations with strong cloud business growth

Summary

Nutrition label

75% Informative

Shares in the e-commerce giant rose in after-hours trading.

Amazon reported $ 27.5bn for the previous three months , a 19% increase.

The pace of growth is faster than the company reported last year , a positive sign for Wall Street.

Investors are also watching Amazon ’s traditional business online retail for signs that consumers are continuing to respond to an optimistic US economic environment.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful