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Amazon reports 3Q22 results; AWS cloud business shows more pronounced slowing in growth (update)

  • October 31, 2022
  • Analyst: Philbert Shih

Amazon reported its 3Q22 results, which included details about the AWS cloud business. The quarter saw more slowing in top-line revenue growth, while the bottom line weakened as well. But the business continues to invest and intends to outrun things with scale.

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