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Amazon stock jumps 6%; Q3 revenue up 11% to $158.9B; profits hit $15.3B; AWS sales up 19%

  • Amazon reported Q3 revenue of $158.9 billion, up 11% YoY, and profits of $15.3 billion.
  • Amazon Web Services (AWS) sales were up 19%, generating $27.4 billion in revenue and $10.4 billion in operating income.
  • The company's ad business revenue grew by 19% to $14.3 billion, and revenue from third-party seller services increased by 10% to $37.8 billion.
  • Amazon's Q4 sales are forecasted to be between $181.5 billion and $188.5 billion, with operating income ranging from $16 billion to $20 billion.

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