Unexpected Scandal Connected to JEDI Program Threatens to Cripple Amazon

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Amazon.com, Inc.'s Web Services (AWS) unit has been the engine behind the company's spectacular recent performance, with operating income of $7.2 billion last year, up 68% year-over-year and accounting for 59% of Amazon's total operating income. The near-consensus cadre of bullish analysts (48 out of 50 tracked by Bloomberg have a "buy" rating on Amazon) call for more of the same.