Amazon reports increased 1Q profits and net sales fueled by cloud computing demand
CTV News
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Amazon on Wednesday reported strong increases in profits and net sales during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit.
- Alphabet's cloud unit beats quarterly revenue estimates on strong AI demand - Reuters Reuters —
- Amazon Offers Q1 Shoutout To โProject Hail Maryโ, Tops Wall Street Forecasts Amid AI Arms Race Deadline —
- Alphabet's first-quarter profit soars with Google's big AI bets AP News —
- Meta, parent of Instagram and Facebook, beats revenue expectations Associated Press —
- Major tech companies report earnings amid AI bubble concerns CBS News —