Here’s What to Know About Amazon.com (AMZN)’s Fastest Growing Segment

Amazon.com, Inc. (NASDAQ:AMZN) is one of the best stocks to buy in 2026 according to billionaire George Soros. This tech stock is up around 25% over the past month.

Here’s What to Know About Amazon.com Inc (AMZN)’s Fastest Growing Segment

Amazon reported its Q1 2026 results on April 29, saying companywide revenue increased 17% YoY to $181.5 billion and net income rose 77% to $30.3 billion. The company’s cloud computing business, known as AWS, was the fastest-growing segment in the quarter. AWS sales jumped 28% YoY to $37.6 billion. That was also the segment’s fastest growth in 15 quarters.

The company said its North American segment sales increased 12% to $104.1 billion, and the international segment sales rose 19% to $39.8 billion. Amazon also highlighted strong growth in its smaller business lines, including the chips business, advertising business, and the entertainment business. It said its Project Hail Mary film was a box office hit, generating nearly $615 million in global ticket sales.

Amazon’s cloud business, which is being fueled by AI development programs, was a major highlight of the Q1 report. The company said that since its Q4 2025 report, it has announced more than two dozen AWS deals. And these have included some of the AI industry leaders such as OpenAI and Anthropic. Working with OpenAI, Amazon is offering its AWS customers tools to build generative AI applications and AI agents.

Amazon.com, Inc. (NASDAQ:AMZN) is an American multinational technology company. It operates a global e-commerce platform and offers cloud computing, online advertising, and digital media services. It also makes various hardware products and offers payment services.

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