Commerce giant Amazon posted lower-than-expected income in the fourth quarter but saw solid year-over-year growth within its cloud platform, Amazon Web Services. WHY IT MATTERS: The company missed earnings estimates due to both a $2.3 billion loss on electric vehicle manufacturer Rivian and economic uncertainty causing consumers to be more careful with their spending, Chief […]
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- Source: https://bankautomationnews.com/allposts/core-cloud/amazon-posts-14-growth-in-aws-revenue/
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