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Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars

Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service. “It was a good start to the year across the business, and you can see that in both our customer experience improvements and financial results,” Amazon CEO Andy Jassy said in a statement. The nation’s biggest online retailer is coming off better-than-expected results for the holiday shopping period,...
Andy Jassy Amazon Web Services Prime Video Wall Street Amazon Web
Source: yahoo.com

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