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Stockreport

Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% of the first quarter in 2024, per Synergy Research. That's healthy growth by any measure. If you're wondering what's driving the growth, you probably guessed that it's related to generative AI and the copious amount of data required to build the underlying models. Whether it's Microsoft's close links to OpenAI, Google Cloud making a slew of AI announcements at its recent customer conference, or Amazon's infrastructure managing the data side of the equation, AI is driving lots of business for these vendors. And these companies are reaping the financial windfall for the newfound interest in this technology. Altimeter partner Jamin Ball reports that those rewards started coming in last quarter , and the ball kept on rolling into this one. Amazon cloud growth had dropped as low as 12% in Q2 and Q3 last year, climbing a bit to 13% in Q4. But the company really kicked it up a notch this quarter with revenue of [Read more]
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Stockreport

Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% of the first quarter in 2024, per Synergy Research. That's healthy growth by any measure. If you're wondering what's driving the growth, you probably guessed that it's related to generative AI and the copious amount of data required to build the underlying models. Whether it's Microsoft's close links to OpenAI, Google Cloud making a slew of AI announcements at its recent customer conference, or Amazon's infrastructure managing the data side of the equation, AI is driving lots of business for these vendors. And these companies are reaping the financial windfall for the newfound interest in this technology. Altimeter partner Jamin Ball reports that those rewards started coming in last quarter , and the ball kept on rolling into this one. Amazon cloud growth had dropped as low as 12% in Q2 and Q3 last year, climbing a bit to 13% in Q4. But the company really kicked it up a notch this quarter with revenue of [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS