For the first time ever, Amazon has passed Walmart in quarterly revenue, unseating Walmart from the top spot it’s held for over a decade. Amazon reported quarterly revenue of $187.8 billion ...

Amazon on Thursday said that Amazon Web Services revenue is continuing to grow strongly, with an annual run rate now of about $16 billion, although the company noted that revenue growth for the ...

Investors will compare Amazon's ad business with Google, which last week reported a 3.3% increase in advertising revenue to $58.1 billion despite a broader advertising pullback. Ad sales for ...

Amazon Web Services, the cloud computing division of the Web retail company, is becoming a more important -- and more lucrative -- revenue driver for Amazon as more companies move their business ...