Stock Market Dynamics | Q3 Performance Exceeds Expectations Amazon (AMZN.US) Surges Over 12%

date
01/11/2025
According to the Zhitong Finance APP, on Friday, Amazon (AMZN.US) opened with a surge of over 12%, reaching a historic high, with its market value increasing by nearly $300 billion to $2.66 trillion. In terms of news, thanks to the strong performance of its cloud business, Amazon's third quarter performance in 2025 exceeded market expectations. The financial report shows that Amazon's net sales in Q3 increased by 13% year-on-year to $180.2 billion, better than analysts' average expectation of $177.8 billion. By segment, the sales of the AWS (Amazon Web Services) division increased by 20% year-on-year to $33 billion, marking the largest increase since 2022, with year-on-year growth and sales exceeding analysts' average expectations of 18% and $32.4 billion respectively. Net profit was $21.2 billion, an increase of 39% compared to the same period last year; diluted earnings per share were $1.95, better than analysts' average expectation of $1.57.