Shares of Amazon.com Inc. jumped more than 12% in extended trading today after it posted earnings and revenue that easily beat analysts’ expectations, driven by the strongest growth in years in its ...

Amazon on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...

Amazon reportedly is committing over $1 billion to Microsoft, its largest cloud rival, to buy Microsoft 365 licenses for 1 million Amazon employees. AWS and Microsoft are fierce rivals in the cloud ...

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 ...

“We’re at $100 billion-plus annualized revenue run rate, yet 85 percent or more of the global IT spend remains on-premises,” said Andy Jassy, Amazon’s CEO and former longtime leader of AWS. Amazon’s ...

Cloud growth rates for Amazon, Microsoft, and Alphabet have reaccelerated in recent years, thanks to surging demand for AI. While each of the "Big Three" put up enviable growth in the calendar fourth ...