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Bloomberg

Amazon CEO Jassy Sets Sights on $1 Trillion AWS

AI Market Summary
Amazon beat on AWS momentum but missed quarterly revenue and guided holiday sales soft, driving a 7% after-hours drop. AWS posted its fastest growth in nearly five years and a sixth straight quarter of acceleration, with management floating a trillion-dollar annual run rate within a decade. The reaction mirrors Alphabet: investors are punishing near-term demand softness while discounting durable cloud and AI optionality, pressuring mega-cap tech sentiment.
Impact level
● High
Affected assets
NCSKAMZN2USD/USDT+6.27%
AI Insight · NCSKAMZN2USD/USDTAI Insight
▼ Bearish
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AWS revenue growth reached its highest level in nearly five years, accelerating for a sixth consecutive quarter. The CEO said annual revenue could exceed $1 trillion within five to 10 years.
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