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Birdie_OKX
Amazon's Q3 makes the AI infrastructure trade-off unusually visible. AWS grew 39.3% to $45.984B, its fastest pace in nearly five years, yet Q3 capex hit $75.9B and trailing 12-month free cash flow was negative $42.4B.
That does not invalidate the growth story; it raises the bar for proving that today's spending can convert into durable cloud demand rather than a costly race for capacity.
#AmazonQ3AWSAccelerates
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