NEW YORK (AP) — Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept attracting shoppers looking for good prices while inflation resurges. The results, announced Thursday, beat Wall Street expectations. The company s prominent cloud computing arm also surpassed analysts expectations. But Amazon issued a cautious sales outlook for the fiscal fourth quarter. Shares, however, soared 13% in after-hours trading. Analysts are analyzing Amazon s results to get insight into how shoppers are spending heading into the holiday season and how the online behemoth is managing cost...
Friday 31 October 2025
wn.com - 16 hours ago
Amazon reports higher sales and earnings for 3Q, helped by its fast-growing web services business
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