Amazon posts AI-fueled cloud, ecommerce growth, shares jump

By Reuters Published Feb 2, 2024 Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical holiday period. Investors cheered the results, sending Amazon shares up as much as 8% in trading after the market close. Amazon’s roster of high-spending business [...]read moreAmazon posts AI-fueled cloud, ecommerce growth, shares jump