Amazon – With AWS, the Expensive AI Race Finally Becomes an Earnings Machine, and That's Exactly What Convinces me!

For me, the message this quarter is clear: Amazon proves that the massive AI investments are paying off. Revenue rises by 20% to around $201 billion, exceeding the expected $196.5 billion, while earnings per share at $5.75 completely shatter the forecast of $1.82. The real star remains AWS: The cloud business grows by 37% to $42.2 billion, and the operating margin jumps from 33% to 39%. This, for me, debunks the persistent narrative that AI workloads yield poor returns. Unlike Alphabet and Meta, which were punished despite record spending, the...