Amazon triples quarterly profit as cloud surges

San Francisco (AFP) April 30, 2024

E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. Amazon shares were up more than 3 percent in after-market trades that followed release of the earnings figures, with Wall Street keeping a close eye on the impact of AI. "It was a good start to the year across the business," Amazon chief executive And