Amazon Exceeds Cloud Sales Expectations Due to Strong AI Demand

Amazon reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending on AI. AWS revenue rose 28% to $37.6 billion in Q1, surpassing analyst estimates. The company's shares rose nearly 4% after hours.

By Deborah Mary Sophia and Greg Bensinger Thu, April 30, 2026 at 1:40 AM GMT+3 4 min read · Yahoo Finance · April 29, 2026, 22:40 UTC

Amazon Exceeds Cloud Sales Expectations Due to Strong AI Demand

Tickers: $AMZN $GOOGL

Topics: AI investment Amazon AWS cloud computing earnings growth stock performance

Read the full article at Yahoo Finance

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