Amazon Stock Jumps on Earnings Beat, Cloud Growth
1. Amazon reported Q3 sales of $158.9 billion, exceeding expectations. 2. EPS grew over 50% to $1.43, beating analyst forecasts. 3. AWS revenue rose 19% to $27.4 billion, showing strong growth. 4. Advertising sales increased 19%, meeting analysts' expectations. 5. Company forecasted Q4 sales slightly below market expectations.