Amazon earnings: All eyes on AWS, AI and spending plans

Full Article
Amazon earnings: All eyes on AWS, AI and spending plans

Amazon is set to report its second-quarter earnings, with a focus on the growth of its AWS cloud-computing business. Investors are keen on seeing if Amazon can match or exceed the 18% growth in AWS that is expected. This comes after Microsoft faced revenue growth challenges in its own cloud unit.

Analysts are anticipating Amazon to report $1.03 in earnings per share for the second quarter, a significant increase from the previous year. Revenue projections stand at $148.67 billion, showcasing a growth trend for the company. Looking ahead to the third quarter, expectations are set at $1.16 in earnings per share and $158.22 billion in revenue.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 6month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 6month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 6month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 6month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics