Amazon shares jumped 10% as the company’s third quarter numbers beat Wall Street forecasts on the top and bottom lines by a lot and by even more for the closely watched Amazon Web Services, or AWS, division.

Revenue rose 13% to $180 billion for the September quarter and jumped 20% at AWS. Total net income per share of $1.95 was a big beat including gains from investments in Anthropic.

Operating income was flat at $17.4 billion including $2.5 billion FTC settlement and a $1.8 billion in estimated severance charges related to planned job eliminations. Those came this week when it announced a hefty 14,000 layoffs across divisions with video games among the hardest hit and departures of creative executives across MGM Amazon Studios.

Just ten days ago, Amazon Web Services was the tar

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