Amazon’s share have reached record levels thanks to Web Services

After finally revealing just how much money it was making off its cloud-computing business, Amazon was rewarded with record-high share prices, which made the company’s market capitalization increase by more than $27 billion to a whopping $200 billion. Despite how the company posted yet another loss on rising sales, investors were still impressed by the fact that Amazon Web Services was not only profitable, but operated on a 17% margin.