Amazon profits surge 35% but forecast sinks share price
- Posted on July 31, 2025
- By Yahoo News
- 2 Views
Amazon profits surge 35% but forecast sinks share price
Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off.- 'Curveballs' -
Amazon Web Services (AWS), the company's world leading cloud computing division, led the charge with sales jumping 17.5 percent to $30.9 billion.
