Amazon is rocketing higher after it posted a third-quarter earnings beat , and analysts think there's even more upside. The company earned $1.95 per share on $180.27 billion in revenue. Analysts polled by LSEG had penciled in earnings of $1.57 on revenue of $177.8 billion. One key metric for the company also came in hot: revenue for its Amazon Web Services cloud unit. That came in at $33 billion versus the StreetAccount estimate of $32.42 billion, marking a 20.2% acceleration during the quarter. Analysts had anticipated just 18.1%. Cloud growth has been a widely watched metric for the company as rivals such as Google and Microsoft ramp up the pressure. But Amazon CEO Andy Jassy appeared unfazed, saying that AWS is "growing at a pace we haven't seen since 2022" thanks to robust artificial i
Cloud revenue is sending Amazon shares soaring. Here’s what analysts had to say
 CNBC Investing9 hrs ago
 CNBC Investing9 hrs ago
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