Amazon's Q3 forecast showed strong sales, but its cloud computing unit, Amazon Web Services (AWS), underperformed, causing shares to drop over 7%.

Amazon's Q2 net profit rose by 35% to $18.2 billion, driven by significant growth in artificial intelligence (AI) and Amazon Web Services (AWS).

Amazon topped Wall Street expectations with its third-quarter 2024 revenue, but the company's stock fell about 7% in after-hours trading after investors reacted to weaker-than-expected growth in its ...

Amazon reported second-quarter results that beat the high end of guidance on both the top and bottom lines. Revenue grew by 12% year over year in constant currency to $167.6 billion, while operating ...

From the question of where Amazon is in the AI race to forecasts for the next quarter, here are four key takeaways from the Q2 earnings call.

Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...

AWS continues to expand its serverless database offerings, aiming to help improve cost and lower operational complexity.

Amazon’s cloud-services business will be a key focus when the e-commerce giant reports earnings, with AWS revenue expected to ...

We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...

Sridhar emphasized Bloom's ability to deliver power rapidly to support AI workloads: "We have committed to having power available to their first data center in 90 days." He detailed that Bloom will ...

The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...

Gloomy guidance and increased cloud competition weigh on Amazon's stock, despite solid earnings beat - SiliconANGLE ...