Amazon Stock: Nearing $2 Trillion Club From AWS Growth & Ads Catalyst
Briefly

AWS and advertising, totaling $37 billion in revenue, are predicted to reach a $160 billion run rate by 2024, comprising a quarter of Amazon's revenue and boosting operating income growth by 221% YoY.
Q1 earnings included a revenue beat of $143.3 billion, with a 12.5% growth rate and an EPS increase of 216% YoY, showcasing the significant impacts of AWS and operational leverage gains.
Read at Forbes
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