WSJ Tech News Briefing · Thursday, July 30, 2026
Amazon's cloud computing division, Amazon Web Services (AWS), experienced a 37% year-over-year revenue growth, primarily fueled by increasing demand for artificial intelligence services. This growth contributes to Amazon's overall revenue exceeding $200 billion and net income reaching $62.2 billion, both surpassing estimates.
“Amazon reported higher revenue in the second quarter from Amazon Web Services, its cloud computing business, driven by AI demand.”
“Sales by AWS grew 37% year-over-year.”
“Revenue grew 20% to over $200 billion and net income reached $62.2 billion, both beating estimates.”