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Amazon beats estimates for quarterly cloud revenue growth

July 30 : Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37 per cent to $42.2 billion in the secon

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Amazon beats estimates for quarterly cloud revenue growth

AWS beat Q2 estimates with $42.2B revenue (+37% vs consensus +31%), driven by enterprise AI. AWS's $15B annual AI run rate, growing triple-digit, demonstrates Big Tech's $700B+ bet is generating ROI—stack opportunity, not overbuild risk.

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Amazon beats estimates for quarterly cloud revenue growth

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Amazon beats estimates for quarterly cloud revenue growth

Timeline cronologica

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