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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.

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.

invezz on MSN · 11h

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.

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 · 13h

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.

18h

Amazon earnings recap: Stock falls on murky guidance and AI competition despite Q2 earnings beat

Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...

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 ...

2hon 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 % ...

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 % ...

24m

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.

DatacenterDynamics12h

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 ...

13h

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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