On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to service Anthropic's compute needs. The company expects Anthropic's Claude to be using over one million of Amazon's custom Trainium2 chips by year-end.

User complaints surged on tracking site DownDetector just after noon Eastern time, with most reports concentrated in the company’s US-EAST-1 region.

Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.

Amazon analysts highlight the company's accelerated growth for its AWS cloud segment in the third quarter and strong guidance ahead.

Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.

Amazon.com, Inc. outperformed expectations for Q3 2025, with AWS and Ads growth accelerating. Learn more about AMZN stock here.

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Amazon's cloud computing division delivered the goods in the third quarter, reporting $33.0 billion in sales for a 20% year-over-year growth rate that investors had been itching to see. The latest performance blew past consensus expectations and marks an acceleration from the June quarter's 17.

Analyst expectations coming into the Q3 quarterly release are for Amazon to report $177.8 bln in revenue, $1.58 in EPS, and $23.7 bln in operating income. Read more