Amazon rides AI, advertising in first quarter earnings beat

  • 📰 axios
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

پاکستان خبریں خبریں

پاکستان تازہ ترین خبریں,پاکستان عنوانات

Amazon Web Services (AWS), the company's cloud platform fueled by its AI datacenter business, grew 17% year over year.

in revenue for the first quarter, a 13% increase from a year ago, and well above analyst expectations.Amazon Web Services , the company's cloud platform fueled by its AI datacenter business, grew 17% year over year.increased to $10.4 billion in the quarter, or $0.98 per diluted share, compared with $3.2 billion, or $0.31 per diluted share, a year ago.

"The combination of companies renewing their infrastructure modernization efforts and the appeal of AWS's AI capabilities is reaccelerating AWS's growth rate," CEO Andy Jassy said in a statement.The company touted its delivery performance in the quarter. Nearly 60% of Prime member orders across the top 60 largest U.S. metro areas arrived the same or next day, Amazon notes.Operating income is expected to be between $10.0 billion and $14.0 billion, compared with $7.

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

 /  🏆 302. in PK

پاکستان تازہ ترین خبریں, پاکستان عنوانات