💨 Abstract

Amazon posted better-than-expected Q3 profits and sales, boosted by strong retail sales and improved margins. Retail sales increased 7% to $61.41 billion, with margin growth in both North America and International segments. AWS sales grew 19% to $27.5 billion, though slightly below expectations. Amazon's advertising revenue also rose 19% to $14.3 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖