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Amazon tumbles

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.

invezz on MSN · 13h

Amazon shares fall more than 8% premarket as AWS growth disappoints investors

Amazon shares slump as investors express concern over AWS growth lagging behind Microsoft and Google Cloud despite a 17.5% rise in Q2 sales.

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.

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 · 15h

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 ...

7hon MSN

Why Amazon Stock Is Plummeting Today

Amazon's Q2 earnings report revealed the company beat consensus estimates for both earnings per share and revenue. The ...

10h

Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'

Amazon analysts raise price targets and highlight the long-term outlook as investors are cautious over AWS lower growth.

Schaeffer's Investment Research11h

Amazon Stock Looks to Snap 6-Week Win Streak

AMZN is on track for its biggest single-day percentage loss since April 3 and earlier gapped to its lowest level since June.

15don MSN

Amazon slashing hundreds of jobs at AWS cloud unit — month after CEO says AI will spur layoffs: report

Amazon joined a growing list of firms, including Microsoft, Meta, and CrowdStrike in announcing layoffs this year.

DatacenterDynamics14h

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 ...

15h

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 ...

Azure vs AWS: The first time we get to truly compare these cloud giants

Microsoft finally reveals a pure revenue number for its Azure cloud computing business. Here's how that compares with AWS.

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Amazon tumbles

AWS, Amazon and Q2

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