AWS sales expanded 37% year over year, which trounced analysts' expectations for 31% growth.

On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.

Amazon Web Services momentum is accelerating, with strong demand for artificial intelligence and backlog growth supporting expectations for growth above 40% next year, UBS said in a note Friday. The analysts said the company disclosed $25 billion in AI annual recurring revenue and $496 billion in backlog,

Amazon Web Services surpassed analysts' growth projections. The market-leading cloud announced arrangements with Meta and OpenAI in the second quarter. Amazon's cloud segment grew faster than analysts had predicted in the second quarter,

Looking ahead, Amazon ( AMZN) expects revenue of $197B to $202B (midpoint $199.5B) for the third quarter, vs. $203.9B consensus. Amazon ( AMZN) also guided for operating income of $22.5B to $26.5B (midpoint $24.5B) vs. $25.1B consensus.

CEO Andy Jassy hiked the company’s capex guidance about 10% to $220 billion, but investors loved a booming AWS business.

From Wall Street’s AWS revenue prediction to Amazon’s $200 billion CapEx spending and the future of its Nova AI model family, here are the five biggest things to know ahead of Amazon’s second-quarter 2026 earnings report Thursday. Amazon’s second ...

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 36.