Amazon’s Stock Approaching $2 Trillion Milestone with Accelerated Growth in AWS and Advertising
Amazon’s stock has reached all-time highs after beating expectations in its latest earnings report. The company is close to joining the $2 Trillion Club, driven by a 17% YoY growth in AWS and a 25% growth in advertising revenue. Both segments combined for $37 billion in revenue, with estimates pointing to a potential $160 billion … Read more