A major outage last week disrupted Amazon's cloud division for 15 hours, affecting hundreds of companies and raising questions about AWS' resilience.

AWS was the star of the retail giant's Q3 earnings report, with sales in the cloud business growing 20% year-over-year.

Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.

Amazon analysts highlight the company's accelerated growth for its AWS cloud segment in the third quarter and strong guidance ahead.

Amazon has multiple strong economic moats. Its cloud and e-commerce businesses have tremendous growth prospects. The company is also continually looking for new markets to conquer. Amazon is no longer the scrappy start-up it was in 1997.

Amazon Web Services reportedly faced a brief spike in outages on Wednesday (October 29), nine days after its AWS cloud network faced worldwide outages.

SAN FRANCISCO (Reuters) -Amazon.com cloud service returned to normal operations on Monday afternoon, the company said, after an internet outage that caused global turmoil among thousands of sites, including some of the web's most popular apps like Snapchat and Reddit.

The outage prevented advertisers from accessing the Microsoft Advertising console, but its ad serving was not affected.

Shares of Amazon.com Inc. (NASDAQ:AMZN) surged more than 11% in early trading Friday after the tech giant reported better-than-expected third-quarter results, fueled by renewed growth in its Amazon Web Services (AWS) division and soaring demand for artificial intelligence (AI) infrastructure.