Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on Thursday, with all eyes once again on cloud computing and any sign of a return on vast AI investments. Shares in the e commerce giant rose in after hours trading. The company reported revenue of $158.9bn against analyst expectations of $157.2bn, and earnings per share of $1.43, compared to $1.16 expected by Bloomberg analysts. Amazon reported $27.5bn for the previous three months, a 19% increase, in...
