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Highlights
- Amazon posted net income of $21.1 billion for the quarter, with sales rising to $180.2 billion as AWS powers growth.
- AWS grew about 20% year over year, underscoring its role as a core earnings pillar alongside the retail business.
- Amazon signaled a multi-year AI-driven data center expansion to meet rising compute demand, indicating longer-term capital plans.
Vote 31
References
Amazon raises spending forecast to $125 billion as third-quarter results top estimates
Amazon Q3 earnings beat on top and bottom lines as AWS growth sends stock higher
Amazon Sales Rise 13% to $180 Billion in Q3, AWS Revenue Jumps 20%
Amazon Stock Pops as Earnings Top Estimates, Driven by AWS Growth
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Amazon reports strongest cloud growth since 2022 after major outage
Cloud services offer ray of sunshine as Amazon beats expectations
Amazon shares soar as AI demand boosts cloud revenue — and results fire up CEO Andy Jassy
Amazon reports higher sales and earnings for 3Q, helped by its fast-growing web services business
Amazon shares rise amid buoyant earnings report - UPI.com
Amazon posts biggest cloud growth in years, sending shares up 13%
AMZN: Amazon Stock Soars as AI-Related Revenue Rockets, Net Profit Pops 39%
Amazon Stock Pops As Q3 Tops Forecasts: AWS Strong, $1.8 Billion In Severance Costs, Shout-Out To ‘The Summer I Turned Pretty’
Amazon Ad Revenue Soars 24 Percent to $17.7 Billion
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