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Amazon reported better-than-expected fourth-quarter earnings and revenue, exceeding analysts’ estimates. The stock rose over 3% in after-hours trading. The company predicted first-quarter sales between $138 billion and $143.5 billion, indicating an 8% to 13% growth. Sales at Amazon Web Services (AWS) grew 13% in Q4 to $24.2 billion, meeting Wall Street’s expectations. However, this growth represents a slowdown compared to the previous year’s 20% growth. More updates are expected as the story develops.

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