Amazon reports higher sales and earnings
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Amazon Web Services, a major provider of cloud services for companies, said most services were back up after an issue caused outages at many websites.
Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country.
In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to $180.2 billion, up from $158.9 billion in the same period of 2024. Excluding foreign exchange tailwinds, sales were up 12%.
An Amazon Web Services outage impacting Amazon's own services and as well as apps around the world wasn't resolved until Monday evening.`
Amazon Web Services' cloud services global outage disrupted service for companies and individual users on Monday. A half day later covereaged mainly recovered.
Amazon shares jumped nearly 12% in premarket trade on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.
Amazon Web Services experienced a significant outage on Monday morning, taking Snapchat, Roblox and several major banks offline.
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Amazon Web Services global outage 'resolved' after disruption, company says
The company said that while the issue has been resolved, some services may experience a backlog of messages while it works to process them over the next few hours.
Amazon's cloud computing service provides back-end support to many companies that operate online. When it has problems, so do they.
Amazon continues to work to dominate the world of new-tech advertising. The company’s Amazon Web Services will launch a real-time bidding service for ad buyers and sellers called AWS RTB Fabric, with a goal of helping marketers and media outlets buy and sell digital commercial inventory through split-second auctions.