Amazon falls short on cloud revenue for third straight quarter
Publishing timestamp: 2025-05-01 20:17:21
Summary
Amazon Web Services revenue slightly lower than expected in first quarter, growth slower than expected. Microsoft's Azure cloud growth exceeded consensus, while Google fell below expectations. AWS operating income higher than expected, launching service for streaming video games and forming AI group. AWS CEO expects cost of AI for customers to come down over time.
Sentiment: NEUTRAL
Tickers: NVDA, AMZN, MSFT, GOOGL,
Keywords: nvidia corp, amazon.com inc, alphabet inc, breaking news: earnings, business news, breaking news: technology, technology, microsoft corp, earnings, business, enterprise,
Source: https://www.cnbc.com/2025/05/01/aws-q1-earnings-report-2025.html