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Amazon Stock Rises: What's Going On?

ResultsRead the original at Benzinga
Neutral

Amazon's sales and profit missed estimates, but AWS sales grew 39% and cash from operations rose 29%. Heavy spending and free cash use balance those signs, leaving no clear change to the company's outlook.

AMZN · Amazon.com Inc.

AI read · Neutral

The AI's read

AWS is growing quickly, and Amazon's leader expects that growth to top 40% in 2027 and 2028. That could help its cloud business. But sales and profit missed forecasts. Amazon spent $94.8 billion more on property and equipment than a year earlier. It also used $42.4 billion of free cash over 12 months, despite higher cash from operations. These facts balance the strength in AWS.

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