US EditionAmazon Earnings: AI & Cloud Boost Results
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Amazon's online trading giant also plays a big role in cloud services. The AI boom is giving this business a new tailwind.
Amazon Ads revenue rises 24% to $17.2 bn in Q1; Jassy sees AI expanding advertiser base
New Delhi: Amazon’s advertising services revenue rose 24% year-on-year to $17.2 billion in the first quarter of 2026, as the company expanded its full-funnel ad offerings across commerce, connected TV and AI-led creative tools. The company’s advertising services revenue stood at $17.24 billion in Q1 2026, compared with $13.92 billion in the same quarter last year. Excluding foreign exchange impact, advertising services grew 22%. Andy Jassy, Pres…
Amazon Earnings: AI & Cloud Boost Results
Archyde Amazon (NASDAQ: AMZN) exceeded market expectations in its latest earnings report, driven by robust growth in its cloud services (AWS) and a surprising resilience in its e-commerce division amidst a ... Read More The post Amazon Earnings: AI & Cloud Boost Results appeared first on Archyde.
Amazon reported Wednesday that it gained strong increases in net profits and sales during its first fiscal quarter, driven by the dizzying growth of its outstanding cloud computing unit.
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