How to Market to Expensive Keywords
How to Market to Expensive Keywords
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Amazon Stock Jumps On Earnings Beat, Cloud AI Product GrowthKey Price Levels to Watch [Video]

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Ecommerce
Source: TradingView.com.

Amazon (AMZN) shares gained more than 7% in premarket trading Friday after the e-commerce giant late Thursday released a blowout quarterly earnings report fueled by growth in its retail business and increasing demand for the cloud division’s artificial intelligence products.

The one-time online bookseller attributed a 14% year-over-year (YOY) jump in fourth quarter revenue to a bumper holiday shopping season and the company’s October Prime Day event. “This Q4 was a record-breaking Holiday shopping season and closed out a robust 2023 for Amazon,” CEO Andy Jassy said in a statement accompanying the quarterly results.

During the earnings call, Jassy said the company will take a cautious approach when considering new opportunities but plans to continue investing in new areas that resonate with customers while keeping an eye on efficiency. “We’re going to continue to invest in new things and new areas and things that are resonating with customers. Where …

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