Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
Publishing timestamp: 2025-02-06 21:23:20
Summary
Amazon Web Services (AWS) revenue in fourth quarter almost met analysts' expectations, with growth slowing slightly to just under 19% year over year. AWS remains the largest cloud infrastructure provider, with Apple using its custom chips for artificial intelligence. Despite some shortages in hardware, AWS CEO Andy Jassy remains optimistic about the future of the business.
Sentiment: NEUTRAL
Keywords: breaking news: earnings, business, amazon.com inc, alphabet inc, enterprise, business news, earnings, microsoft corp, technology, breaking news: technology,
Source: https://www.cnbc.com/2025/02/06/aws-earnings-q4-2024.html