Amazon’s profit outlook overshadowed by cloud computing results

The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with analysts’ average estimate of $173.08 billion.

Amazon.com forecast third-quarter sales above market estimates on Thursday, July 31, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat expectations.

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Published on July 31, 2025 21:03
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