View Press / Corbis News
- Amazon reported third-quarter sales and profit figures that beat analyst estimates.
- But AWS revenue slightly missed forecasts.
- CEO Andy Jassy discussed AI, advertising, and AWS "headwinds" during the earnings call.
Amazon reported third-quarter earnings on Thursday, with both sales and profit beating analyst forecasts. However, the company fell slightly short of estimates for AWS revenue.
During the earnings call, Amazon CEO Andy Jassy and CFO Brian Olsavsky discussed topics ranging from AI to advertising spending to continued AWS "headwinds."