The company raised its capital spending forecast and said Amazon Web Services sales increased 37% in the second quarter.

Amazon Web Services surpassed analysts' growth projections. The market-leading cloud announced arrangements with Meta and OpenAI in the second quarter. Amazon's cloud segment grew faster than analysts had predicted in the second quarter,

Amazon's revenue scales steadily while Airbnb swings wildly with travel season — a tale of two business models playing out in the numbers.

Amazon delivered strong profits and net sales during its fiscal second quarter, helped by surging growth in its prominent cloud computing unit. The e-commerce and technology company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period,

Amazon and Microsoft are the biggest cloud computing companies by market share. Amazon is starting to see its cloud computing revenue accelerate, which should continue into 2026. Microsoft's Azure has been the strong revenue grower of the big three platforms.

LONDON — Internet users around the world faced widespread disruption early on Monday because of a problem at Amazon’s cloud computing service that took down dozens of major online services, including social media site Snapchat, the Roblox and Fortnite ...

Now could be the time for cloud computing stocks to shine.

LONDON (AP) — Amazon says a massive outage of its cloud computing service has been resolved as of Monday evening, after a problem disrupted internet use around the world, taking down a broad range of online services, including social media, gaming ...

By Foo Yun Chee BRUSSELS, June 25 (Reuters) - EU antitrust regulators said Amazon and Microsoft's cloud computing services should be designated as “gatekeepers” under landmark tech rules, a step that would subject them to strict obligations aimed at curbing market power.

Amazon’s market value crossed $3 trillion for the first time on Monday as accelerating cloud revenue and artificial intelligence demand pushed its shares to a record high.The stock gained about 5% to trade near $285 in New York,