Amazon reported better-than-expected second-quarter earnings on Thursday, and investors loved what they saw. Net sales rose 20%, and cloud revenue stood out as a particular bright spot. This combination of positive results was enough to send Amazon’s stock up…
Amazon reported that it earned a net income of $ billion on revenues of $200.6 billion in the quarter ending June 30, 2026. The post Amazon Revenues Jump 20 Percent to $200.6 Billion appeared first on Thurrott.com.
Guess there’s no pleasing investors. Despite Reddit delivering an objectively solid Q2, with overall revenue up 61% year-over-year to $805 million and advertising revenue up 64% YoY to $762 million, the company’s stock cratered on Thursday, sliding nearly 13%…
Amazon beat analysts' expectations on Thursday when it reported growth in overall revenue and sales, particularly in its cloud, artificial intelligence and chips divisions. Its revenue increased 20 percent to more than $200 billion in the second quarter, comp…
Microsoft's FY26 earnings report came in, and it has been taken extremely well on Wall Street, as investors reward $MSFT stock with a 20% bounce in less than a month.
