AWS fourth quarter revenue growth slowdown related to sluggish cryptocurrency trading activity

2023-02-03 19:11:19
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ChainCatcher news, according to The Block, Amazon's previously released fourth-quarter financial report shows that Amazon Web Services (AWS) fourth-quarter revenue grew by 20%, down from 27% in the third quarter. Amazon's Chief Financial Officer Brian Olsavsky stated during the earnings call that the slowdown in revenue growth is related to the sluggish cryptocurrency trading activity. (source link)

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