AWS, Amazon
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Amazon reported $200.6 billion in second-quarter revenue, up 20%, with AWS growing 37%, its fastest pace since the end of 2021.
AWS sales expanded 37% year over year, which trounced analysts' expectations for 31% growth.
July 31 (Reuters) - Amazon shares jumped more than 12% before the bell on Friday after the e-commerce and cloud giant posted its strongest cloud growth in over four years, bolstering investor confidence that its multibillion-dollar AI bets are driving a fresh wave of demand.
Looking ahead, Amazon ( AMZN) expects revenue of $197B to $202B (midpoint $199.5B) for the third quarter, vs. $203.9B consensus. Amazon ( AMZN) also guided for operating income of $22.5B to $26.5B (midpoint $24.5B) vs. $25.1B consensus.
With Amazon having reported on its latest fiscal quarter, Q3 2024, we also got a fresh finger on the pulse of how Amazon Web Services is doing. Simply put? Good. The segment grew its revenue by around 19 percent year-over-year from Amazon’s Q3 2023 ...
Amazon just posted one of its best quarters ever.
From Wall Street’s AWS revenue prediction to Amazon’s $200 billion CapEx spending and the future of its Nova AI model family, here are the five biggest things to know ahead of Amazon’s second-quarter 2026 earnings report Thursday. Amazon’s second ...
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AWS EC2 and AI leader Dave Brown to exit, replaced by Amazon exec and Microsoft vet Dave Treadwell
Dave Brown is leaving Amazon Web Services after nearly 19 years, departing at the end of July for a new role outside the company.
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Amazon Stock Soars After AWS-Led Q2 Beat: ETFs in Focus
On July 30, Amazon AMZN came out with second-quarter earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.83 per share and year-ago level of earnings of $1.68 per share. The company posted revenues of $200.