Amazon Stock Soars on Earnings. Plus, the Price of Prime Is Going Up. – barrons.com

Amazon.com reported strong fourth-quarter results on Thursday, driven by strong growth in both its AWS cloud unit and its growing advertising business.

The results could be a relief to some investors given the weak numbers on Wednesday from Facebook-parent Meta Platforms.

Amazon (ticker: AMZN) shares jumped 12% to $3,097 Friday. Even with…

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