Amazon Has a Huge New Division–and No One’s Paying Attention to It
The rocket ride that is Amazon continues apace for investors. In its most recent quarter, Amazon nearly doubled analyst estimates for earnings growth even as revenues lagged slightly.
What’s powering this tendency? Amazon Web Services (AWS), Jeff Bezos’s market-leading cloud computing system, is currently growing at an astounding clip and is far more rewarding than Amazon’s e-commerce operations.
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