Overview

• Amazon's fourth-quarter earnings surpass expectations with a 14% year-over-year revenue increase to $170 billion.
• Net income soars to $10.6 billion, marking a significant turnaround from the previous year's performance.
• Amazon Web Services (AWS) and advertising services report robust growth, with AWS revenue climbing 13% to $24.2 billion.
• The company's focus on generative AI and efficient delivery systems contributes to its strong financial results.
• Amazon's stock rises in after-hours trading, reflecting investor confidence in its growth trajectory.