Similar Stories to Amazon’s Cloud Business Lifts Its Profit To A Record on Bing News

Shares rose 12 percent after the company reported net income of $513 million, in contrast to last year’s loss of $57 million.

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BING NEWS:
  • Google's cloud outpaces rivals in third quarter as AI battle heats up
    Google's cloud business grew 35% in the latest quarter, outpacing larger rivals Amazon and Microsoft. Amazon Web Services continues to rake in profit, recording an operating margin in the quarter of ...
    11/1/2024 - 8:08 pm | View Link
  • Amazon's cloud unit records highest profit margin in at least a decade
    Revenue growth at Amazon Web Services has accelerated year-over-year for five quarters in a row. The unit recorded its highest profit margin since at least 2014. Sales came in just shy of analysts' ...
    10/31/2024 - 8:52 am | View Link
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