Amazon shares surged Thursday in extended trading after the tech giant posted better-than-expected third-quarter results, driven by accelerated revenue growth from its cloud computing unit. The company's outlook for the fourth quarter was also solid, easing investor fears that it was falling behind in the AI race. Revenue increased 13% year over year to $180.17 billion, beating expectations for $177.75 billion, according to estimates compiled by LSEG. Earnings per share based on generally accepted accounting principles (GAAP) increased to $1.95, compared with $1.43 last year and the $1.57 estimate, per LSEG. Operating income remained flat year over year at $17.42 billion, missing the $19.7 billion consensus forecast. However, the quarter was negatively impacted by special charges that had

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