The accelerating cloud growth at Microsoft and Google points to artificial-intelligence momentum that AWS doesn't show yet.
Amazon reported a 35% jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off.
Amazon's second-quarter earnings beat expectations with $167.7 billion in net sales. Amazon's stock fell 7% after hours.
Amazon.com, Inc. (NASDAQ:AMZN ) Q2 2025 Earnings Conference Call July 31, 2025 5:00 PM ET Company Participants Andrew R. Jassy - President, CEO & Director Brian T.
Jeff Bezos' old maxim framed Amazon's earliest days: “We're not competitor‑obsessed, we're customer‑obsessed.” Back then, a “customer” meant an online book buyer.
Amazon shares dropped in after-hours trading on concern about cloud rivals growing faster. Even though AWS is much bigger, its revenue growth lags behind Microsoft and Google.
Amazon CEO Andy Jassy sees an opportunity to deliver ads to users during their conversations with the company's AI-powered digital assistant, Alexa+, he said during Amazon's second-quarter earnings call Thursday.
An increase in Amazon Web Services spending cut into the cloud giant's profits in the second quarter as AWS raced to meet demand for AI against Microsoft, Google, and others.
While the top- and bottom-line numbers for Amazon (AMZN) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Amazon's (AMZN) earnings came in mixed, with cloud growth underwhelming and capacity issues weighing on the stock. Meanwhile, advertising revenue growth of over 20% was a bright spot, aligning with strong digital ad numbers from Meta (META) and Alphabet (GOOGL).
Amazon said Thursday (July 31) that it won a lawsuit enabling it to shut down a network that marketed fake reviews and fake Amazon seller accounts.
Amazon (AMZN) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.23 per share a year ago.