Amazon earnings: Beats estimates on sales, but misses target for cloud

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Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.

) reported its third quarter earnings on Thursday, beating estimates on net sales and EPS, but missing on its cloud revenue.

AWS growth has been under a microscope this year; it's a subject that's been "getting the most airtime with investors," JPMorgan's Doug Anmuth wrote before earnings.Currently, analyst recommendations for Amazon come out to 63 Buys, two Holds, and zero Sells. -- Amazon.com Inc.’s run as one of the best stocks this year will likely come down to the performance of a single business line: cloud computing.

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