Is Amazon's Cloud Business Actually Thriving? Some Data Tells a Different Story.
The rhetoric regarding Amazon (NASDAQ: AMZN) since the company posted its third-quarter results a little over a week ago has been overwhelmingly bullish. Shares surged immediately following the release of those numbers, and have held their ground in the meantime. Most of the credit goes to artificial intelligence (AI)-driven demand for its cloud computing services.
However, Amazon Web Services (AWS) isn't quite firing on all the cylinders that the market seems to think it is. Here's a closer look at a couple of red flags.
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Source Fool.com
