31 Oct 2025 | 5 Mins Read
Amazon shares jump on better-than-expected cloud sales
Flipitmoney
Amazon's cloud revenue surged 20% in the third quarter, the fastest growth in nearly three years, propelling the company to forecast above-estimated quarterly sales and a 14% share price rise. Projected increased capital spending next year is expected, primarily driven by AI investments. Cloud segment AWS accounts for roughly 15% of Amazon's total revenue.