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Amazon tumbles

Reuters on MSN · 16h

Amazon tumbles after cloud computing growth disappoints investors

Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race.

MarketWatch · 1d

Amazon's stock wavers after earnings. Was AWS cloud growth enough?

Amazon reported earnings Thursday afternoon in the wake of upbeat cloud results from its major rivals that suggested healthy AI demand. MarketWatch will be breaking down the results.

Fast Company · 1d

Amazon’s profit outlook overshadowed by cloud computing results

The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with analysts’ average estimate of $173.08 billion.

AWS, Amazon and Q2

GeekWire on MSN · 1d

Amazon tops Q2 estimates with $167.7B in revenue, $18.2B in profits; AWS up 17% to $30.9B

Follow-up: Amazon Web Services profits squeezed as AI arms race drives spending surge Amazon beat estimates for its second-quarter earnings with $167.7 billion in revenue, up 13% year-over-year, and earnings per share of $1.

Computer Weekly · 19h

AWS sees revenue and profit rise in Q2, bats away competitive concerns

AWS has filed its Q2 results, reporting another quarter of revenue and profit rises, but questions are being asked about how the company is coping with the rising competitive pressure it is under.

Live Mint on MSN · 1d

Amazon Q2 profit jumps 35% to $18.2 billion, driven by AI and AWS growth

The Seattle-based company posted net profit of $18.2 billion for the second quarter that ended June 30, compared with $13.5 billion in the same period last year.

1don MSN

Amazon Web Services profits squeezed as AI arms race drives spending surge

An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...

8hon MSN

Why Amazon Stock Is Plummeting Today

Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...

12h

Amazon Is Sinking Today -- Is the Stock a Buy Right Now?

Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...

6h

Why is Microsoft soaring while Amazon sinks? AI growing pains

Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.

1d

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 ...

19h

Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'

Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...

DatacenterDynamics18h

AWS achieves $123bn annualized revenue run rate, capex for the year set to exceed $118bn

Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in ...

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