Amazon (AMZN) may be best known for revolutionizing e-commerce. However, it’s the company’s cloud division, Amazon Web Services (AWS), that has quietly become its most powerful growth engine.

The core retail business is leveraging AI for more efficient deliveries, smarter stocking, and fewer returns. Its ad business is also quietly booming, growing 18% last quarter thanks to tools like ...

Last quarter, its advertising services revenue climbed 18% to $17.3 billion, helped by its Amazon Marketing Cloud, which lets advertisers analyze data to create better marketing campaigns.

On an FX adjusted basis, Alphabet increased its revenue by 14% in 1Q’25 (~200 bps headwind from FX). Both Google Services and ...