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Amazon Beats Q2 Expectations as Revenue Rises 13% to Nearly $168 Billion
Looking at specific segments, Amazon says North America sales increased 11% year-over-year to $100.1 billion; international revenue rose 16% to $36.8 billion (or increased 11% excluding changes in foreign exchange rates); and AWS (Amazon Web Services) sales jumped 17.5% to $30.9 billion.
An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...
Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...
Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...
Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in ...
Amazon analysts raise price targets and highlight the long-term outlook as investors are cautious over AWS lower growth.
Microsoft finally reveals a pure revenue number for its Azure cloud computing business. Here's how that compares with AWS.
Amazon DocumentDB is just the latest in a growing list of serverless databases offered by Amazon. The cloud infrastructure giant launched its first serverless offering, Amazon DynamoDB, back in 2012, ...
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