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Amazon 2Q earnings beat Wall Street estimates Tuesday, sending stocks climbing in after hours trading. The company reporter its 5th straight quarter of cloud share growth, the 37% increase being the fastest for Amazon since the end of 2021. Bloomberg Intelligence Senior Analyst for E-Commerce Poonam Goyal, and Bloomberg Intelligence Senior Technology Analyst Anurag Rana break down the earnings numbers as they roll in.
Gil Luria, D.A. Davidson's head of technology research, reacts to Amazon Web Services' revenue growth and discusses the outlook for Amazon.com Inc. on "Bloomberg The Close."
Amazon (AMZN) CEO Andy Jassy explained on the company's earnings call that while the company expects to spend approximately '$220 billion in cash capex in 2026' to meet soaring demand, he believes AWS could 'very possibly be a trillion-dollar annual revenue business for us in time.'
Alexa and Sparky provided information on sellers’ made-in-America claims after initially stating that they couldn’t access that information.
The market is applauding Amazon's strong Q2 report.
Amazon (AMZN) reported second quarter earnings results that beat Wall Street's expectations. CFRA Research senior vice president of equity research, Arun Sundaram, chats with Yahoo Finance about his expectations for AWS.
Amazon (AMZN) reported second quarter earnings results that beat Wall Street's expectations. CFRA Research senior vice president of equity research, Arun Sundaram, chats with Yahoo Finance about his expectations for AWS.
Revenue for the second quarter ending June 2026 reached $201 billion, above expectations of $197 billion.
AWS revenue hit $42.2 billion as total company revenue crossed $200 billion for the first time in a single quarter
Investing.com --Amazon beat Wall Street estimates for second-quarter revenue on Thursday as accelerating growth in its cloud computing business helped offset continued heavy spending on artificial intelligence, sending its shares rallying nearly 10% in after-market hours. but its third-quarter sales forecast came in below analysts’ expectations.
Amazon's AI cloud business soared in the second quarter, driving far higher revenue than expected, though the company's free cash flow also turned negative as it invests heavily in the business.
Amazon (AMZN) reported second quarter results on Thursday after the closing bell, with revenue coming in at $200.60 billion (compared to analyst estimates of $197.01 billion). Yahoo Finance Senior Business Reporter Ines Ferré takes a closer look at the breaking numbers.
Amazon stock jumps after crushing Q2 earnings estimates as AWS posts its fastest growth in 18 quarters, reinforcing confidence in its AI strategy.
Amazon stock jumped after the e-commerce and cloud-computing giant reported second-quarter results. The closely-watched Amazon Web Services business grew 37% to $42.4 billion. Analysts were forecasting 31.3% growth for AWS prior to the report.
Year-over-year revenue growth for Amazon Web Services came in at 37% for the second quarter as AI drives computing demand.
Cloud momentum must outrun another surge in AI spending
Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37% to $42.2 billion in the second quarter ended June 30, compared with analysts' consensus estimate of a 31.21% increase, according to data compiled by LSEG. Amazon said it burned $7.6 billion of cash on a trailing twelve months basis in the second quarter, compared to $18.2 billion in free cash flow a year earlier.
Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at whether stock buybacks enacted by Big Tech names are starting to dry up as these companies begin to spend more on AI.
Amazon's forthcoming results will test whether accelerating AWS demand can justify its enormous artificial-intelligence infrastructure budget.
Federal backing still leaves major execution hurdles ahead
The retailers do not consistently flag suspicious listings.
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