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AWS misses quarterly revenue expectations – but Andy Jassy is still upbeat

Amazon Web Services (AWS) recorded slower than expected growth, according to its latest financial results, marking the third straight quarterly revenue miss for Amazon’s cloud division. Revenue at AWS increased 16.9% to $29.27 billion in its first quarter, ending 31 March. This was slightly below analyst expectations of $29.42 billion and marked a slower growth rate (18.9%) compared to Q4…