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Amazon reports 4Q25 results; AWS continues growth acceleration, CapEx to climb again

  • February 6, 2026
  • Analyst: Philbert Shih

Amazon reported its 4Q25 and FY25 results, which showed accelerating growth for the AWS cloud infrastructure business. Raw cloud infrastructure and AI are growing at a healthy clip and AWS is investing heavily in infrastructure as demand continues to outpace supply.

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