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The Economic Times
The Economic Times
Business

US stocks: Pinterest deepens Amazon partnership with $4 billion cloud deal

Pinterest said ​on Thursday it would ​pay Amazon Web Services $4 billion ​for cloud services through 2031, as the social media company strengthens a long-term partnership with its largest-ever deal.

Shares of ‌Pinterest were ⁠up ⁠nearly 5%, while those of Amazon rose 1.7%.

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