Key Points
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Oracle’s third-quarter revenue surged 22% year-over-year to $17 billion, with cloud revenue up 44% as demand for AI capabilities grows.
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Amazon generated $716 billion in trailing revenue, driven by its extensive infrastructure of over 650 million square feet and a 24% increase in AWS revenue.
Oracle reported a third-quarter revenue increase to $17 billion, up 22% year-over-year, driven by rising demand for AI capabilities integrated with its cloud services. The company anticipates exceeding its revenue growth forecasts through fiscal 2027.
Amazon’s revenue reached $716 billion, highlighting its dominant role in e-commerce and cloud services, supported by over 650 million square feet of fulfillment and data centers. AWS revenue grew 24% year-over-year, reflecting increasing customer investments in AI applications.
