Amazon AWS posts 39% revenue growth as cloud rivals also accelerate

First reported 29 Oct, 21:59 UTCSource: CNBC TechnologyLast editorial activity 29 Oct, 20:47 UTCWrite a comment ↓

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What happened

Amazon's cloud signed deals with Meta and OpenAI during the quarter, helping revenue to exceed consensus. Amazon Web Services is a cloud computing company based in Seattle, founded in 2006.

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Sources & evidence

CNBC Technology Reporting source
Amazon AWS posts 39% revenue growth as cloud rivals also accelerate ↗
https://www.cnbc.com/2026/10/29/aws-q3-earnings-report-2026.html

What happened

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