Amazon soars 9% after posting revenue beat, accelerating cloud growth

Amazon CEO Andy Jassy walks to lunch during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 9, 2025.David Paul Morris | Bloomberg | Getty ImagesAmazon reported better-than-expected revenue and cloud growth for the second quarter. The stock shot up more than 9% in extended trading. Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: $5.75 a share. That may not compare with the $1.82 per share expected by LSEGRevenue: $200.61 billion vs. $196.47 billion estimatedWall Street was also looking at other key revenue numbers:Amazon Web Services: $42.2 billion vs. $40.54 billion expected, according to StreetAccountAdvertising: $19.81 billion vs. $19.43 billion expected, according to StreetAccountRevenue in Amazon's cloud segment expanded 37% year over year during the quarter, surpassing Wall Street's expectations for 31% growth. That marked the unit's fastest growth in 18 quarters, Amazon CEO Andy Jassy said in the earnings release.Jassy said AWS is "booming," and pointed to the growth of its artificial intelligence and homegrown chips units, which both exceeded a $25 billion annual revenue run rate. Amazon h...