Amazon's cloud signed deals with Meta and OpenAI during the quarter, helping revenue to exceed consensus.
Amazon AWS posts 39% revenue growth as cloud rivals also accelerate
Source: CNBC
Original reporting
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Earlier reports and follow-ups on the same developing story.
- Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
- Amazon Ad Revenue Growth Slows in Q3, Ecommerce Giant Undershoots Earnings Estimates
- Amazon Ad Revenue Growth Slows in Q3, Ecommerce Giant Undershoots Earnings Estimates
- Amazon reported booming cloud revenue but otherwise missed expectations
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