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Amazon makes much money with cloud work

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Amazon is a big shop in the net. The shop has new numbers. The work runs very well. The cloud part makes much money. The growth is 37 percent. This is 42,2 billion dollar. Many firms use smart tech now. This helps Amazon to grow.

Experts think about less growth. The boss of Amazon is Andy Jassy. He is happy about the win. The total sales rise to 200,6 billion dollar. This is a plus of 20 percent. The stock of Amazon rises too. It gains 9 percent after the news.

Amazon puts much money in new tech. The money goes to computer centers and own chips. The firm plans more costs for the year 2026. Investors are calm about the good news. They had fear before a stop of the smart tech boom. Amazon looks good into the future.

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Definitions

Cloud
Cloud is English for a cloud. In the computer world it means storage space in the net. Data is not on your own computer, but on other servers.
Smart tech
Smart tech is tech that can learn like a human. Computers solve hard tasks alone with it.
Quarter
A quarter is a time of 3 months. A year has 4 quarters in total.
Expert
An expert is a man for trade. He checks firms and gives tips for shares.

People

Andy Jassy
Andy Jassy is the boss of the big US firm Amazon.

Locations

Wall Street
Wall Street is a famous street in New York. There is the main stock market of the world.

Sources

Südtirol News

Amazon mit überraschend starkem Cloud-Wachstum

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FAZ

Business-Liveticker: Amazon übertrifft Erwartungen – Aktie schießt nachbörslich nach oben | FAZ

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TechCrunch

Investors love AI, as long as you’re a cloud host | TechCrunch

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