AMZN Stock Recent News

Dan Ives, Wedbush Securities global head of technology research, joins CNBC's 'Squawk on the Street' to discuss the latest tech earnings, expectations for AI innovation, and much more.

Amazon (AMZN -7.82%) stock is getting hit with significant sell-offs in Friday's trading despite a strong earnings report from the company yesterday. The tech giant's share price was down 7.7% at 11:15 a.m.

Amazon stock tumbled Friday after its Q2 cloud revenue growth disappointed compared to results from Google and Microsoft.

Amazon.com, Inc.'s 8% post-earnings dip is an overreaction; AWS remains highly profitable with $10B in quarterly operating profits and 33% margins. Despite slower AWS growth versus Microsoft and Google, Amazon leads the cloud market with a 30% share and robust enterprise client expansion. The U.S. cloud market is poised for long-term growth, and AWS's ability to scale profits is undervalued by the market.

Amazon.com Inc   (NASDAQ:AMZN) stock is down 6.4% to trade at $219.15 at last check, despite better-than-expected second-quarter results, after the e-commerce giant issued a lackluster operating income outlook for the current quarter.

In this video, I will discuss Amazon's (AMZN -7.75%) recent earnings report and management's comments during the earnings call. Watch the short video to learn more, consider subscribing, and click the special offer link below.

Live Updates Live Coverage Has Ended 80% of Major AI Companies are Cloudflare Customers 5:52 pm That’s something CEO Matthew Prince just noted on today’s conference call. First Analyst Quote... 5:26 pm “Congratulations on a really solid quarter. Definitely it looks like the engine is back to running full speed here.” The key theme around Cloudflare’s earnings is whether Wall Street believes a significant reacceleration is happening. Quotes like this are extremely bullish. More from CEO Matthew Prince 5:18 pm “Our dollar-based net retention was 114% in up 3% quarter-over-quarter. Our gross margin was 76.3%, in line with our long-term target range of 75% to 77%. We delivered an operating profit of $72.3 million, representing an operating margin of 14.1% and we generated strong free cash flow of $33.3 million during the quarter, again exceeding expectations. Cloudflare keeps innovating faster than ever and customers are voting with their wallets, you ca

Amazon.com's $4B Anthropic stake and deep AWS partnership are driving enterprise AI adoption, especially in coding, creating high-margin, and durable revenue streams. Anthropic's Claude models excel in real-world developer workflows, powering measurable productivity gains for blue-chip clients and reinforcing AWS's competitive moat. AWS's vertical integration—custom silicon, cloud, and agent platforms—enables superior cost, performance, and stickiness, outpacing rivals as AI workloads scale.

Here is how Amazon (AMZN) and Beyond (BYON) have performed compared to their sector so far this year.

Amazon.com forecast third-quarter sales above market estimates on Thursday, July 31, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat expectations.