Is Amazon stock a buy after CEO Andy Jassy's $1 trillion AWS revenue prediction?

Amazon's stock surged after a strong quarter and upbeat outlook from CEO Andy Jassy.

AWS Billing Glitch Hits Customers With Billion-Dollar Fees

An error with the cloud computing giant’s billing operation caused some customers’ monthly bills to rise from a few cents to billions of dollars.

AWS is ‘booming,’ but Amazon’s free cash flow turns negative on record AI spending

Amazon reported $200.6 billion in second-quarter revenue, up 20%, with AWS growing 37%, its fastest pace since the end of ...

AWS Kills The AI Services It Launched Just Two Years Ago

AWS moved Q Business, Kendra and Bedrock Agents to maintenance mode. What the retirement of its first-generation AI services ...

AWS puts $1 billion into new AI unit to embed engineers with customers, joining growing wave

AWS FDEs will look to leave behind self-sufficient teams with new AI solutions and capabilities in a matter of weeks, the company said.

Departing AWS exec Dave Brown is reportedly joining Meta, as Facebook parent mulls its own cloud

Dave Brown, the senior AWS executive whose departure Amazon announced this week, is joining Meta to work on its data center build-out, according to a Wall Street Journal report.
Infosecurity Magazine

AWS Blames North Korean Group for Axios and Other npm Supply Chain Attacks

The cloud computing giant said in a blog post on July 29 that compromises of the axios, debug, chalk and typo-crypto libraries were carried out by the same group, known as Saphire Sleet, BlueNoroff ...
Tech Times on MSN

AWS backlog hits $496B as Amazon raises AI spend to $220B and capacity runs short

AWS Q2 2026 earnings hit $42.2 billion at 37% growth, the fastest in 18 quarters, but the real story is Amazon's $496 billion ...