A problem at Amazon’s cloud computing service disrupted internet use around the world. The outage on Monday took down a broad range of online services, including social media, gaming, food delivery, streaming and financial platforms.

Amazon's cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above estimates and driving its shares up 14% in after-market trading. The company projected increased capital spending next year.

Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its peers are pouring into artificial intelligence will pay off.

A massive internet outage stemming from errors in Amazon cloud services on Monday morning demonstrated just how many people rely on the corporate behemoth's computational infrastructure everyday — and laid bare the vulnerabilities of an increasingly concentrated system.

The e-commerce giant’s cloud-computing business has disappointed investors with its growth recently, but that appears to be changing.

CNBC’s MacKenzie Sigalos reports on Amazon’s third-quarter earnings as investors zero in on cloud momentum and whether heavy AI infrastructure spending is starting to show returns.

The coding system reportedly involves country dialing prefixes. For example, if Google or Amazon hand over Israeli data to the US (dialing code +1), they would send Israel 1,000 shekels. For Italy (code +39),

The e-commerce giant said Amazon Web Services is growing at its fastest rate since 2022, driven by AI. Shares surged in after-hours trading.