Amazon surges after Q3 beat driven by AWS, ad growth, offsetting margin pressures (AMZN:NASDAQ)

Amazon surges after Q3 beat driven by AWS, ad growth, offsetting margin pressures (AMZN:NASDAQ)

Amazon (AMZN) crushed Q3 estimates with better-than-expected net sales, profits, and subscription revenues, and more importantly, a beat on the company’s AWS, all of which offset compressed margins and launched shares sharply higher in after-hours trading.

The e-commerce giant earned


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