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Amazon Beats Wall Street Q4 Estimates as Ad Sales Climb 27%

Amazon reported its fourth-quarter 2023 earnings Thursday, revealing results for its October Prime Day event and the holiday shopping season. Wall Street projected Amazon would post $24.2 billion for its Amazon Web Services (AWS) division and hit $14.2 billion in ad sales for the quarter ended Dec. 31, per StreetAccount. Amazon reported $14.7 billion in ad sales, […]

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