Amazon's revenue rose by 13% year over year to $143.3 billion, beating estimates, with diluted earnings tripling to $0.98 per share. Its core businesses - North American, international segments, and AWS - showed growth in the past year.
Growth at AWS accelerated over the past two quarters, attributed to companies upgrading cloud infrastructure for bigger workloads, large language models, and new AI applications, allaying concerns of losing ground to competitors like Microsoft's Azure and Google Cloud.
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