News

On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell ...
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 ...
An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...
Following its second-quarter earnings report, Amazon.com Inc.‘s (NASDAQ:AMZN) stock experienced a significant sell-off.
Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in ...
AWS growth is under scrutiny after Amazon CEO Andy Jassy's earnings call failed to reassure investors. Brad Erickson, RBC ...
Amazon.com CEO Andy Jassy talked about AI, AWS, Microsoft’s cloud business, tariffs and more on Thursday’s Q2 2025 earnings ...
AWS has filed its Q2 results, reporting another quarter of revenue and profit rises, but questions are being asked about how ...
Amazon reported robust financial results for its fiscal second quarter, with revenue reaching US$167.7 billion, marking a 12% ...
Amazon CEO Andy Jassy said that there was still "more demand than we have supply for" at the moment for its massive cloud-computing segment. He said that in the next 10 to 15 years, more IT spending ...
Regardless of who was cut, we're told AWS gave workers no warning. A former employee described the process as "cold and soulless" as it involved just an unheralded email announcing their position had ...
Reports indicate that perhaps late last week hundreds of AWS employees were laid off with marketing and outreach roles being ...