Amazon cloud records 20% sales growth, topping estimates
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024.Amazon said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts' estimates.Revenue at Amazon Web Services for the third quarter totaled 32.42 billion, or growth of 18.1%.AWS is the world's top provider of cloud infrastructure, but it's facing intensifying press ...