Thursday, 30 July 2026 · World
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EUROS The World Financial Report
Nº 19 Thursday, 30 July 2026 · World Edition
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US stocks: Amazon beats estimates for quarterly cloud revenue growth

Markets-Economic Times · 2h ago · 🇮🇳 India
US stocks: Amazon beats estimates for quarterly cloud revenue growth

Amazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterprise artificial intelligence spending. Rivals Microsoft and Alphabet's Google also reported solid cloud revenue growth. Amazon's e-commerce business saw increased activity during its Prime Day event. The company's investments in AI infrastructure are now showing clear returns.

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