Amazon Cloud Growth Soars 28%, Alphabet Beats Estimates on AI Sales | April 29, 2026

Executive Summary

Today, Amazon reported a remarkable 28% increase in AWS revenue, driven by surging demand for cloud services amid the AI boom. This performance marks the company's largest cloud growth since 2022 and highlights the pivotal role of artificial intelligence in shaping business revenues. Meanwhile, Alphabet also surpassed quarterly expectations, with its Google Cloud segment witnessing strong revenue growth, further cementing the significance of AI in the tech sector. Investors are now keenly observing reactions in the broader market, particularly in light of upcoming earnings reports from major tech players.

Tech & AI — 10 articles

Amazon and Alphabet are at the forefront of cloud services, leveraging AI demand to drive significant revenue growth, influencing overall industry trends.

• Amazon annonce des dépenses plus élevées pour alimenter les ventes d'unités cloud — Business Times (SG)
• NGX augmente de 5,55 milliards de nairas grâce à de solides achats généralisés — Punch (NG)
• La croissance du cloud de Microsoft ne parvient pas à apaiser les inquiétudes des investisseurs en matière d’IA — Business Times (SG)
• Alphabet sales beat estimates on Google cloud, AI customers — Business Times (SG)
• Les ventes d'Alphabet dépassent les estimations sur Google Cloud et les utilisateurs d'IA — Business Times (SG)

Startups — 10 articles

Investments in aviation and government-focused startups reflect a strategic response to emerging business opportunities amid broader economic recovery.

• Copa Airlines a signé un accord avec Boeing pour l'acquisition de 60 nouveaux avions 737 MAX — Perfil.com (AR)
• Business ticker: Porsche's operating profit falls by a fifth — Frankfurter Allgemeine (DE)
• Bill Gurley et Jack Altman soutiennent la startup Pursuit, qui aide les entreprises à vendre au gouvernement — TechCrunch (US)
• Federal government earmarks $145M for World Cup security — City News Toronto (CA)
• La fondation IA du fondateur : les principales annonces pour les startups de Next '26 — GCP Blog Post (US)

Markets — 10 articles

Investor sentiment on Wall Street remains cautious as tech earnings loom, with mixed trading observed amidst varying sector performances and geopolitical concerns.

• Wall Street termine mitigée avant les bénéfices des grandes technologies — Business Times (SG)
• Google parent Alphabet's cloud unit beats quarterly revenue estimates on strong AI demand — The Economic Times (IN)
• Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28% — The Economic Times (IN)
• Amazon dépasse les estimations trimestrielles de croissance du cloud grâce à une forte demande en IA ; Les revenus d'AWS grimpent de 28 % — The Economic Times (IN)
• Wall Street est partagé entre gains et pertes avec la Fed, l'Iran et la technologie sur le radar — Jornal de Negocios (PT)

Business — 10 articles

Companies like Amazon and Alphabet are reporting explosive growth in their cloud services, highlighting a critical trend where AI integration is crucial for business success.

• Alphabet sales beat estimates on Google cloud, AI customers — Business Times (SG)
• Business ticker : Meta augmente ses investissements – et licencie toujours des employés — Frankfurter Allgemeine (DE)
• Amazon increased profit and revenue in the first quarter thanks to the growth of AWS — Klix (BA)
• Amazon reports biggest cloud growth since 2022 thanks to AI demand — Kurzy.cz (CZ)
• Alphabet shares soar after 63% growth in Google Cloud revenue — Diario Financiero (CL)