Amazon Beats Q3 Earnings as AWS Growth Accelerates, Plans $125B Investment Despite 14,000 Layoffs
Amazon surpasses Q3 earnings expectations with $1.95 per share and $180.17 billion revenue while AWS cloud division accelerates growth to 20.2%, prompting the company to boost 2025 capital spending to $125 billion even as it cuts 14,000 corporate jobs to streamline operations.