Business & Finance · Companies · 9 outlets (L 1 · C 4 · R 1 · 3 not rated)
Amazon's AWS revenue grows 39% to $46 billion as earnings miss estimates
Amazon reported third-quarter results in which AWS revenue grew 39% to $46 billion, its fastest pace in nearly five years.[5, 8, 10] The Wall Street Journal reported the cloud growth was the highest in five years, exceeding expectations for the unit.[6] Despite the cloud gains, Amazon missed Wall Street's total revenue and earnings per share predictions, with earnings of $1.89 per share, according to Forbes and GeekWire.[5, 8]
GeekWire reported CEO Andy Jassy said he expects AWS to top 40% growth in 2027 and 2028, and the stock fell more than 7% in after-hours trading.[8] CNBC reported the cloud business signed deals with Meta and OpenAI during the quarter, helping AWS revenue exceed consensus.[4]
Bloomberg reported Amazon spent more than $77 billion on property and equipment in the quarter, far more than analysts' estimates, while building data centers for AI demand.[3] The Information reported the rest of Amazon's business segments slowed in growth, which it linked to a Prime Day change, and ABC News and The Guardian reported Amazon gave a cautious fourth-quarter sales outlook.[1, 2, 10]
Why it matters Amazon gave a cautious fourth-quarter sales outlook covering the critical holiday shopping period.[1, 2]
Covered by The Guardian, ABC News, The Wall Street Journal and 6 more
Read first Amazon Falls Short Of Overall Revenue Prediction Despite AWS Revenue Growth Nearing 40%
How balanced is this coverage?
Of the 6 rated outlets that covered it, 1 is left of center, 4 are center and 1 is right of center. 3 more are not rated.
Too few left- or right-leaning outlets to compare: 1 of 42 left-leaning, 4 of 33 center and 1 of 38 right-leaning outlets covered it.
- Left: none.
- Leans left: The Guardian (−0.70).
- Center: ABC News (−0.19), Bloomberg (+0.08), Forbes (+0.19), CNBC (+0.40).
- Leans right: The Wall Street Journal (+0.63).
- Right: none.
Not rated GeekWire, The Information, Fast Company. Not placed: they have no lean score.
Each dot is an outlet that covered it, placed by its audience-lean score (Eady et al. 2025), which measures who shares its links, not how accurate it is. The ticks under the line are all 113 rated outlets Tare reads.