Amazon’s profit surges, lifted by cloud computing and advertising

The company’s lucrative advertising and cloud computing businesses notched the bulk of its profits and helped boost margins even as sales growth slowed......»»

April 26 (Reuters) - Amazon.com Inc's march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter profit and a rosy outlook for the spring, both ahead of expectations......»»

Amazon.com Inc posted a profit that was double Wall Street targets on Thursday and forecast a strong pre-holiday quarter thanks to the retailer's newer high-earning businesses including cloud computing and advertising......»»

Amazon.com Inc posted a profit that was double Wall Street targets on Thursday and forecast a strong pre-holiday quarter thanks to the retailer's newer high-earning businesses including cloud computing and advertising......»»

Microsoft Corp on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon.com Inc’s cloud unit......»»

Amazon's cloud business has become a huge profit driver for the company. Analysts see the same happening for Alibaba's cloud computing arm......»»

Amazon.com Inc. rose as much as 2 percent on Friday, after reporting first-quarter earnings that beat expectations, helped by continued growth in its advertising and cloud-computing businesses. .....»»

Amazon.com Inc on Thursday trounced first-quarter profit estimates on soaring demand for its cloud and advertising services, but a weak forecast renewed concern that the company would spend away part of its windfall on larger investments this year......»»

The massive transition away from on-site computing is still in its early stages, and Microsoft, Amazon, and Alphabet are well-positioned to profit from the trend......»»

The company’s fast-growing advertising and cloud businesses drove much of the growth, sending shares to an all-time high......»»

The company’s fast-growing advertising and cloud businesses drove much of the growth, sending shares to an all-time high.....»»

Amazon.com Inc's march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter profit and a rosy outlook for the spring, surprising all but the most optimistic on Wall Street......»»

(Reuters) - Amazon.com Inc's march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter profit and a rosy outlook for the spring, both ahead of expectations......»»

Amazon posted a big spike in profits for the three months ending in June, fueled by continued growth in Prime subscriptions, cloud computing and its nascent advertising business......»»

Amazon.com Inc. shares jumped about 4% Thursday afternoon after the company reported its largest quarterly profit total in history, disclosing earnings per share more than double what analysts expected. The e-commerce and cloud-computing compa.....»»

One analyst expects advertising operating profits to surpass cloud computing by 2021......»»

Amazon has massively grown its cloud computing business in the last couple of years......»»

Amazon's advertising and cloud computing businesses are largely responsible for the company's record profits this year......»»

Amazon's advertising and cloud computing businesses are largely responsible for the company's record profits this year......»»

Amazon's advertising and cloud computing businesses are largely responsible for the company's record profits this year......»»