Revenue for the quarter came in at $158.9B versus the consensus estimate of $157.25B. “Amazon’s latest earnings report is a strong indicator of the company’s resilience and its capacity for ...
It was the quickest pace of growth in seven quarters for AWS, which accounts for a fifth of Amazon's overall sales but roughly two-thirds of its revenue. Amazon sees steady cloud revenue growth as ...
Though Amazon does not disclose how much revenue comes from the 48-hour shopping bonanza ... following a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity ...
E-commerce giant Amazon Inc. shares gained over 6 per cent ... in advertising sales as the business takes on more share of revenue on the platform, as per the report. “As we get into the holiday ...
Notably, Amazon's advertising revenue jumped by 23%, reaching $13.5 billion, demonstrating a growing reliance on digital advertising as a revenue source. As Indian brands continue to invest in ...
It was the quickest pace of growth in seven quarters for AWS, which accounts for a fifth of Amazon's overall sales but roughly two-thirds of its revenue. "The black eye here was AWS," said Dave ...