AWS is ‘booming,’ but Amazon’s free cash flow turns negative on record AI spending

Amazon reported $200.6 billion in second-quarter revenue, up 20%, with AWS growing 37%, its fastest pace since the end of ...
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AWS backlog hits $496B as Amazon raises AI spend to $220B and capacity runs short

AWS Q2 2026 earnings hit $42.2 billion at 37% growth, the fastest in 18 quarters, but the real story is Amazon's $496 billion ...

Amazon stock soars as e-commerce giant's AWS cloud business booms in 'home run' quarter

The e-commerce and cloud giant topped second quarter expectations as accelerating cloud growth at Amazon Web Services (AWS) helped drive strong results.

Amazon Web Services Growth Outlook Strengthens on AI Demand, Backlog Growth, UBS Says

Amazon Web Services momentum is accelerating, with strong demand for artificial intelligence and backlog growth supporting expectations for growth above 40% next year, UBS said in a note Friday. The ...

Amazon hikes 2026 capex to $220 billion due to higher memory costs

AWS sales expanded 37% year over year, which trounced analysts' expectations for 31% growth.

Amazon Web Services has a nearly $500 billion backlog

Amazon Web Services showed quarter-over-quarter growth that was 80% more than its prior largest increase, Amazon CEO Andy ...

Amazon Plans to Spend $20 Billion More on AI. Wall Street Loves It

Amazon reported net sales of $200.6 billion and a profit of $62.6 billion, or $5.75 per share, compared to $1.82 per share ...

AWS EC2 and AI leader Dave Brown to exit, replaced by Amazon exec and Microsoft vet Dave Treadwell

Dave Brown is leaving Amazon Web Services after nearly 19 years, departing at the end of July for a new role outside the company.

Amazon Shares Jump as Cloud Sales—and Spending—Accelerate

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

Amazon Web Services investment in St. Joseph County data center campus surpasses $13.8 billion

Amazon and local leaders met Thursday to discuss the progress of the AWS building near New Carlisle.

Amazon soars 9% after posting revenue beat, accelerating cloud growth

Amazon reported better-than-expected revenue and cloud growth for the second quarter. The stock shot up more than 9% in ...