The backlog for Amazon's AWS ... income only accounts for things that are core. In Amazon's case, its stock price correlates strongly with its operating income. The trend in the 20-year chart ...

But there's another business segment that is even more exciting than e-commerce: Amazon Web Services (AWS). After years of strong growth, AWS is now the largest cloud infrastructure provider in ...

Net sales rose 9% to $ ... respectively. AWS, Amazon’s profit engine, posted $29.3 billion in revenue, with segment operating income climbing to $11.5 billion — suggesting that demand for ...

The company handily exceeded estimates for net sales and earnings per share, including a beat for the closely watched Amazon Web Services (AWS) division, which saw net revenue of $25 billion.