The e-commerce giant’s stock closed down 3.2% to $222.86 before the positive earnings sent shares booming over 10% at times, to as high as $247.83. Amazon reported $180.2 billion in revenues and earnings per share of $1.

Analysts have been debating when AWS growth could reaccelerate back to above 20%. The majority did not expect Amazon to reach that growth level before 2026, according to FactSet d

Amazon's AWS is the dominant cloud computing business, but some on Wall Street are concerned that the company isn't as competitive when it comes to artificial-intelligence workloads. Thus, all eyes will be on AWS's growth in the third quarter,

Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the advancements in its cloud computing segment, new features on its ecommerce site,

Amazon's stock has lagged its Big Tech peers and Wall Street has become concerned that the company's dominant cloud-computing business is losing its edge. The company's third-quarter earnings report on Thursday afternoon will be key for investor sentiment.

Amazon’s (AMZN) cloud computing unit and artificial intelligence investment are expected to take the limelight during the e-commerce giant’s third quarter results on Thursday. Wall Street expects the Andy Jassy-led company to post EPS of $1.