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Amazon reports 1Q24 results; AWS passes $100b ARR mark, showing more signs of reaccelerating

  • May 1, 2024
  • Analyst: Philbert Shih

Summary: Amazon reported its 1Q24 results, which saw the AWS cloud business show meaningful growth on the top and bottom lines. AWS is now 17% of the entire Amazon business, up from 16% sequentially.

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