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Amazon's AWS Surge and Earnings Miss: What It Means for Future Growth

Technology News

Amazon's AWS Surge and Earnings Miss: What It Means for Future Growth

Andy Jassy’s prediction: Amazon could have two $1 trillion businesses within a decade

GeekWire

Andy Jassy’s prediction: Amazon could have two $1 trillion businesses within a decade

Amazon CEO Andy Jassy says AWS and the company's stores business could each reach $1 trillion in annual revenue in the next five to 10 years, something no business has ever done. AWS is at a $184...

AWS growth hits 39%, its fastest in nearly five years, as Amazon misses on earnings

GeekWire

AWS growth hits 39%, its fastest in nearly five years, as Amazon misses on earnings

Amazon Web Services revenue grew 39% to $46 billion in the third quarter, its fastest pace in nearly five years, and CEO Andy Jassy said he expects AWS to top 40% growth in 2027 and 2028. Amazon's...

Amazon AWS revenue grows 39%, leading to wider margin

CNBC

Amazon AWS revenue grows 39%, leading to wider margin

Amazon's cloud signed deals with Meta and OpenAI during the quarter, helping revenue to exceed consensus.

Amazon Web Services Accelerates as Ecommerce Store Slows on Prime Day Change

The Information

Amazon Web Services Accelerates as Ecommerce Store Slows on Prime Day Change

Amazon Web Services revenue continued to accelerate in the third quarter, growing 39% to $46 billion, compared to a 37% growth rate in the second quarter. But the rest of Amazon’s business...

Amazon to report Q3 earnings after the bell with AI spend under scrutiny

CNBC

Amazon to report Q3 earnings after the bell with AI spend under scrutiny

Amazon Web Services sales are projected to grow 38%, marking a fifth consecutive quarter of revenue expansion.

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