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The backlog for Amazon's AWS ... income only accounts for things that are core. In Amazon's case, its stock price correlates strongly with its operating income. The trend in the 20-year chart ...
Amazon named Adam Selipsky, the current CEO of Tableau Software, its incoming cloud CEO. Selipsky will take over from Andy Jassy, who will replace Jeff Bezos as Amazon CEO later this year.
But there's another business segment that is even more exciting than e-commerce: Amazon Web Services (AWS). After years of strong growth, AWS is now the largest cloud infrastructure provider in ...