Amazon's AWS Boom Drives Sales, Despite Spending

Amazons e-commerce and cloud computing divisions are thriving, with net sales surging 17% to $181 billion and profits hitting $30 billion. AWS, the global cloud leader, saw a 28% sales growth, its fastest in 15 quarters, driven by AI demand. While free cash flow is down due to heavy capital expenditures, history shows that Amazons long-term investments in infrastructure pay off, with assets lasting decades and cash flow rebounding. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/83a04f9a4606a2c1