Amazon Web Services

Amazon Says Consumers Cautious, Forecasts Revenue Below Targets

Amazon.com has reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sendi...

Amazon Hits $2 Trillion In Valuation On AI Fervour, Rate Cut Bets

Amazon.com hit $2 trillion (€1.87 trillion) in market value for the first time on Wednesday, becoming the fifth U.S. company to surpass that level.

Amazon Forecasts Quarterly Revenue Below Estimates

Amazon.com forecast second-quarter revenue below Wall Street expectations, as it expects tepid spending from cost-conscious businesses on its cloud-computi...

Amazon's Cloud Stabilising, Shoppers Cautious Heading Into Holiday Season

Amazon.com has said growth in its cloud business is stabilising as it signed new deals, but warned that consumers remained wary about spending going into t...

Amazon's Outlook Brightens On Cloud, Consumer Sales Lift

Amazon.com Inc has reported sales growth and profit ahead of Wall Street's expectations, as the company delivered goods faster and cheaper to shoppers...

Amazon Investors Eye Revenue, Cloud Growth, Retail Margins Ahead Of Earnings

Amazon investors are looking for updates on the tech giant's cloud business, ad revenue growth and signals on consumer health heading into the holidays as...

Amazon Sees Sales And Profit Ahead Of Expectations

Amazon.com Inc has reported quarterly sales and profit ahead of expectations but said that it was seeing a sharp drop in cloud revenue growth as businesses...

Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar

Amazon.com has delivered a disappointing quarter and outlook, with the e-commerce giant swamped by higher costs to run its warehouses and deliver packages...

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