Why Amazon (AMZN) Stock Is Trading Up Today
Update: 2025-10-31
Description
Amazon's stock surged over ten percent on October 31st after the company reported robust Q3 numbers, beating Wall Street's sales and earnings expectations. The cloud computing division, AWS, drove the growth with a twenty percent increase in sales, reaching thirty-three billion dollars. Despite a minor miss on operating profit due to one-time charges, investors focused on the positive performance from AWS and Amazon's strong advertising business. This significant stock move is rare for Amazon, which typically doesn't experience such volatility, and highlights the company's success in riding major trends like cloud computing and online retail.
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