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Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%
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Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%

Home/India Tech/Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%

Amazon Web Services (AWS) surpassed Wall Street's cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI partnerships, the company's stock dipped after projecting current-quarter operating income below estimates. Amazon

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๐Ÿ“… Apr 29, 2026ยทโฑ 1 min readยทET Tech โ†—
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