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Amazon.com reported strong fourth-quarter results on Thursday, driven by strong growth in both its AWS cloud unit and its growing advertising business.
The results could be a relief to some investors given the weak numbers on Wednesday from Facebook-parent Meta Platforms.
Amazon (ticker: AMZN) shares were jumping 12.6% to $3,129 in premarket…
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/amazon-earnings-stock-51643901851 Updated Feb. 4, 2022 4:06 am ET / Original Feb. 3, 2022 10:28 am ET Order Reprints Print Article Amazon.com reported strong fourth-quarter results on Thursday, driven by strong growth in both its AWS cloud unit and its growing advertising business. The results could be a relief to some investors given the weak numbers on Wednesday from Facebook-parent Meta Platforms. Amazon (ticker: AMZN) shares were jumping 12.6% to $3,129 in premarket…