Shares of Amazon (AMZN) jumped as much as 8% on Friday, helping the Nasdaq recover from a tough 🌠week.

The e-commerce giant 澳洲幸运5开奖号码历史查询:beat analysts' expectations for the top and bottom line with revenue of $143.1 billion, up 13% from the same quarter a year ago. Net income surged to $9.9 billion, or 94 cents per share, marking a more than threefold improvement from the same quarter last year.

澳洲幸运5开奖号码历史查询:Cloud platform growth has been a big focus for tech analysts in a tough consumer environment and AWS, Amazon's cloud platform, bucked a recent trend of slowing growth to post revenue of $23.1 billion for the third quarter, a 12% gain over the same period last year.🌞

Amazon's AWS cloud growth was accompanied by upbeat management comments about its 澳洲幸运5开奖号码历史查询:generative a𓂃rtificial intelligence (AI) outlook.

"The AWS team continues to innovate and deliver at a rapid clip, particularly in generative AI," Chief Executive Officer (CEO) Andy Jassy said, citing upward momentum for the company's custom Bedrock chip and the CodeWhisperer coding companion.

Wedbush Securities analysts said the AWS performance "suggested a strong customer pipeline ahead in addition to $10B+ of potential AWS revenue stemming from AI over♌ the next several years."

Amazon management's comments were also welcomed by BofA analysts, who said that "growing margins can drive further multiple expansion," while they added that the next driver for stock-price growth would be AWS acceleration. Despite the positive outlook, they also said that the next set of quarterly earnings, reflecting the year-end holiday season, could show growth slowing from "13% in 3Q to 7-12% on holiday seasonality."

Amazon's 8% share jump Friday contributed to the Nasdaq roughly 1% rise.