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Binance hack losses hit $6.3 billion as Amazon and Intel earnings drag Nasdaq futures lower

Binance disclosed a hack resulting in losses of roughly $6.3 billion, described as the largest in crypto history, with some reports pointing to a state-backed actor. Separately, Nasdaq futures fell sharply after Amazon missed both earnings and revenue estimates despite strong AWS growth, and Intel issued weak fourth-quarter guidance citing a continuing PC market slowdown, sending its shares down about 25% premarket.

Amazon CEO Jassy projects AWS could hit $1 trillion in revenue within 5-10 years

On Amazon's quarterly earnings call, CEO Andy Jassy said AWS, now at a $184 billion annualized revenue run-rate, could become a trillion-dollar business within five to ten years. He confirmed Amazon expects roughly $220 billion in cash capital expenditures in 2026, mostly for AWS, with even higher spending planned for 2027, and forecast AWS revenue growth above 40 percent in both 2027 and 2028.

Amazon Q3 revenue and EPS miss estimates as AWS growth hits 39%

Amazon's third-quarter net sales rose 12% to $201.9 billion, below the $202.2 billion analysts expected, with earnings per share of $1.89 versus a forecast $1.97. AWS was a standout, with sales of $45.98 billion and operating income nearly doubling to $17.8 billion, but free cash flow over the trailing 12 months turned negative $42.4 billion, a sharp reversal from positive $14.8 billion a year earlier. Amazon attributed the cash burn to heavy AI-related investment and reiterated plans for about $220 billion in capital expenditures for 2026.

AWS revenue climbs 39% in Q3, beating analyst estimates

Amazon Web Services reported third-quarter revenue of $45.98 billion, a 39% year-over-year increase that topped the $45.29 billion analysts had expected, according to the company's statement. Operating income for the segment rose 55% to $17.77 billion, also exceeding forecasts, and AWS now represents nearly 23% of Amazon's total revenue, a record share.

Amazon set to report Q3 earnings with AWS growth and AI spending in focus

Amazon reports third-quarter results Thursday, with analysts polled by LSEG expecting adjusted EPS of $1.96 on revenue of $202.31 billion. StreetAccount forecasts AWS revenue of $45.48 billion, implying 38% growth, which would mark a fifth straight quarter of cloud acceleration, while advertising revenue is expected near $20.82 billion.

Lean creator Leo de Moura discusses AI-driven formal verification on Gradient Flow podcast

Ben Lorica interviewed Leo de Moura, creator of the Lean theorem prover and VP/Distinguished Scientist at AWS, about how AI is making formal verification more accessible. The conversation covered machine-checked proofs, trust in AI-generated code and autonomous agents, and the concept of a fully verified software stack.

AWS data tools turn F1 cars' 1.1 million sensor readings into fan broadcast insights

Formula One cars generate roughly 1.1 million data points per second from about 300 onboard sensors, and technology partner Amazon Web Services processes this data into broadcast graphics and insights for viewers. CNET toured on-site production facilities at the United States Grand Prix in Austin to see how this data pipeline works, with F1 strategist Ruth Buscombe describing how such tools help fans understand race strategy.

Amazon stockpiles billions in Nvidia GPUs it lacks power to run, report says

Business Insider reports, citing internal emails, that Amazon is buying Nvidia GB300 server racks faster than it can power them, spending roughly $5 billion in August alone through its 'Early Rack Receipt' process and about $3 billion monthly since. Some hardware is being stored in intermediary warehouses because AWS sites lack the electricity to install it, and one internal team reportedly said there was no clear timeline for deploying the accumulating GPUs.

Marc Brooker uses animations and real Postgres traces to show metastable failures

AWS engineer Marc Brooker describes building interactive animations to illustrate system failure modes, including a 'Stability Sim' for metastability and a demonstration of Raft losing writes when a cluster member's storage lies about fsync(). He also shares a trace from Postgres 16 running in a MicroVM showing how a load spike pushes queries off the page cache and onto disk, slowing the database even after handling 20 queries-per-second comfortably before the spike.

AWS finds PHP2Shell exploit attempts dated October 17, before public patch

Amazon Web Services researchers reviewing honeypot logs found that an attacker attempted to exploit the PHP2Shell vulnerabilities on October 17, four days before the flaws were publicly disclosed and patched on Wednesday. The attempt originated from an IP address linked to a commercial anonymization service, and AWS also logged a wave of further exploitation attempts in the hours before the official disclosure at 10 am ET.

OpenAI models now available across AWS, Azure and Google Cloud

OpenAI's models have been made accessible through all three major US cloud platforms—Amazon Web Services, Microsoft Azure and Google Cloud—according to the report's headline. This expands the channels through which enterprise customers can access OpenAI's technology beyond its direct API and Microsoft's existing partnership.

Leaked S-1 shows Anthropic struggling for cloud capacity from AWS, Google, Microsoft

A leaked S-1 filing reported by the Wall Street Journal says Anthropic is finding it hard to secure enough cloud computing capacity from AWS, Google and Microsoft, which it says increasingly view the company as a competitor rather than a customer. The filing shows Anthropic could spend over $750 billion on cloud contracts, is leasing its own data centers, and reported an $80.7 billion net loss on $16.3 billion in revenue for the first half of the year, with two customers accounting for about a fifth of sales.