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Amazon stock jumps most in 9 months as cost cuts, cloud spark earnings beat
- Amazon stock jumped as much as 7.6% on Friday, its biggest intraday gain since February.
- The surge was driven by better-than-expected Q3 earnings and a strong outlook.
- Amazon shares are close to an all-time high set in July.
- The growth was fueled by the success of Amazon Web Services and cost-cutting efforts.
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