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Big Technology Podcast · Friday, October 30, 2026

Amazon Posts Strong AWS Revenue Growth as Retail Shifts Toward Essentials

Amazon Web Services reported $46 billion in revenue with a 39% year-over-year increase, though the company's stock still faced investor scrutiny regarding artificial intelligence spending. Meanwhile, groceries and everyday essentials accounted for half of the units sold on its retail website during the quarter.

personAndy JassypersonAlex KantrowitzcompanyAmazoncompanyAWScompanyWhole Foods

The tape

2 quotes
“Services brought in $46 billion in revenue for the three months through September, accounting for 39% growth year over year.”
Alex Kantrowitz
“Groceries and Amazon's everyday essentials accounted for half of unit sold on its retail website in the quarter.”
Alex Kantrowitz
Heard on Big Technology Podcast — “Big Tech's Ugly Week, Getting Rich At Anthropic, AI Costs Plunge”, published Friday, October 30, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via deepinfra · $0.01
Amazon Posts Strong AWS Revenue Growth as Retail Shifts Toward Essentials — Heardvine