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Amazon cloud computing results fail to impress, shares slide after hours
UNITED STATES, JUL 31 – Amazon Web Services revenue rose 17.5% to $30.9 billion but grew slower than Microsoft Azure's 39% and Google Cloud's 32%, leading to a 7% drop in Amazon stock after hours.
- On Thursday, Amazon forecast third-quarter 2025 sales above market estimates, but its AWS cloud computing unit underwhelmed, and shares fell more than 3% in after-hours trading.
- Cost cuts deepened as Amazon trimmed jobs at its AWS unit, with profit margins reaching their lowest since 2T23, pressuring the company's cloud segment.
- Amazon's AWS revenue increased 17.5% to $30.9 billion, while online store sales rose 11% to $61.5 billion and advertising sales gained 23%.
- Analysts said shares plunged by more than 7% after-hours as AWS results were ‘alarming’ and disappointing, according to Gil Luria and Dave Wagner.
- Future projections highlight competitive and geopolitical risks ahead, as Gil Luria warned Azure could overtake AWS by the end of next year, and Sky Canaves noted guidance risks.
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Moneycab
MoneycabAmazon has achieved a surprisingly strong quarterly result due to an unbroken consumer buying mood. However, the key cloud business once again failed to meet market expectations.
·Hamburg, Germany
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Coverage Details
Total News Sources27
Leaning Left2Leaning Right2Center11Last UpdatedBias Distribution74% Center
Bias Distribution
- 74% of the sources are Center
74% Center
13%
C 74%
13%
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