Amazon (NASDAQ: AMZN) grew its cloud unit 39% in the third quarter, its fastest pace in nearly five years, and posted its highest operating margin ever. Shares fell about 6% in early after-hours trading. The cloud boom is real, but Amazon is now borrowing heavily to build it, and its free cash flow has swung deep into the red. Net sales: $201.9 billion, up 12% from a year ago. AWS sales: $46.0 billion, up 39%.
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