AWS is ‘booming,’ but Amazon’s free cash flow turns negative on record AI spending

Amazon reported $200.6 billion in second-quarter revenue, up 20%, with AWS growing 37%, its fastest pace since the end of ...
MarketBeat on MSN

Amazon's earnings beat shows why AWS is back at the center of the bull case

Key Points Interested in Amazon.com, Inc.? Here are five stocks we like better. Amazon's Q2 report gave investors stronger ...

Amazon stock soars as e-commerce giant's AWS cloud business booms in 'home run' quarter

The e-commerce and cloud giant topped second quarter expectations as accelerating cloud growth at Amazon Web Services (AWS) helped drive strong results.

AWS’ outperformance gives Wall Street analysts confidence in Amazon’s AI strategy

Analysts on Wall Street generally reiterated their "buy" ratings on the stock and raised price targets after its earnings ...

AWS Kills The AI Services It Launched Just Two Years Ago

AWS moved Q Business, Kendra and Bedrock Agents to maintenance mode. What the retirement of its first-generation AI services ...

Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'

Amazon.com, Inc. (NASDAQ: AMZN ) shares jumped Thursday after the company delivered stronger-than-expected second-quarter ...
DatacenterDynamics

AWS reports fastest growth since 2021, Amazon annual capex to hit $220bn on AI memory costs

Amazon has reported the fastest growth for its cloud division since 2021. Amazon Web Services (AWS) reported $42.2 billion in revenue for the quarter, up on the $40.54bn expected by Wall Street, and a ...
Infosecurity Magazine

AWS Blames North Korean Group for Axios and Other npm Supply Chain Attacks

The cloud computing giant said in a blog post on July 29 that compromises of the axios, debug, chalk and typo-crypto libraries were carried out by the same group, known as Saphire Sleet, BlueNoroff ...