Business & Finance · Companies · 8 outlets (L 1 · C 4 · R 1 · 2 not rated)
Amazon misses estimates as AWS revenue grows 39% to $46 billion
Amazon reported third-quarter results that missed Wall Street's total revenue and earnings per share estimates, while its cloud business grew faster than expected.[2, 5] Amazon Web Services revenue grew 39% to $46 billion, its fastest pace in nearly five years, according to GeekWire and The Information.[7, 8] The Information reported that growth accelerated from a 37% rate in the second quarter, while Amazon's other segments, which depend on its ecommerce business, slowed.[8]
CNBC reported that the cloud unit signed deals with Meta and OpenAI during the quarter, helping AWS revenue exceed consensus.[4] Bloomberg reported that Amazon spent more than $77 billion on property and equipment in the quarter, far more than analysts' estimates, as it builds data centers for AI demand.[3]
CEO Andy Jassy said he expects AWS to top 40% growth in 2027 and 2028, according to GeekWire.[7] Amazon gave a cautious sales forecast for the fourth quarter, which encompasses the holiday shopping period, according to ABC News and The Guardian.[1, 2]
Covered by The Guardian, ABC News, The Wall Street Journal and 5 more
Read first Amazon's 3Q results miss analysts' estimates, but posts solid sales gains in cloud computing unit
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. 2 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. 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.