Amazon's stock rose 9% after quarterly results showed its AWS cloud unit growing 37% year over year, ahead of analyst expectations of 31%, according to CNBC.
Key facts
- Amazon stock rose 9% following its latest earnings report, according to CNBC.
- AWS sales expanded 37% year over year.
- The 37% growth beat analysts' expectations for 31%, according to CNBC.
- The results were reported in Amazon's Q2 2026 earnings, published on 30 July 2026.
Amazon shares climbed 9% after the company posted quarterly results, with gains attributed to growth in its cloud computing business, according to CNBC.
Amazon Web Services (AWS) saw sales expand 37% year over year, CNBC reported. That figure exceeded analysts’ expectations of 31% growth.
The results were disclosed as part of Amazon’s second-quarter 2026 earnings report, published on 30 July 2026.
Why it matters
AWS is a closely watched measure of demand for cloud computing services, and the reported growth rate exceeded analyst expectations, according to CNBC.
Frequently asked questions
How much did Amazon stock rise?
Amazon shares rose 9% following the earnings report, according to CNBC.
How fast did AWS grow?
AWS sales expanded 37% year over year, which beat analysts' expectations for 31% growth, according to CNBC.
When was the report released?
The results were part of Amazon's Q2 2026 earnings report, published on July 30, 2026.