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"Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates"
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"Amazon Web Services (AWS) CEO Matt Garman delivered a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. AWS reported revenue growth of 19% year over year in the fourth quarter, barely missing analysts' estimates. The company generated $28.79 billion in revenue, slightly below the expected $28.84 billion. AWS remains the largest cloud infrastructure provider, ahead of Microsoft and Google. The division is a key provider of cash for the company, supplying over half of its profit."
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