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.
techcrunch.com
· 2026-10-29
In its latest quarterly earnings, Microsoft broke with longstanding practice and disclosed Azure's actual dollar revenue for the July-September quarter: $33.2 billion, up 48% year-over-year. That figure beat analyst expectations of $32.3 billion and exceeded CFO Amy Hood's earlier guidance of 44-45% growth, edging out Google Cloud's reported $30.7 billion for the same period.
techcrunch.com
· 2026-10-28
Oracle Corp Japan reported record fiscal first-quarter results, with net sales up 13% to 74.86 billion yen and net profit up 23.2% to 18.25 billion yen for the June-August period. Cloud revenue rose 31.7%, now accounting for 33.6% of total sales, and the company kept its full-year sales growth outlook at 6-10%. The stock jump came even as Oracle's U.S.-listed shares fell more than 3% after the company issued a force majeure notice related to its New Mexico data center project.
cnbc.com
· 2026-09-25
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