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December 22, 2016

AWS catapulted Amazon into a breakout 2016 on Wall Street

WASHINGTON, DC - MAY 18: Jeff Bezos, founder and Chief Executive of Amazon.com and owner of The Washington Post, participates in a conversation during the event "Transformers: Pushing the Boundaries of Knowledge," May 18, 2016 in Washington, DC. The Washington Post hosted the event focusing on "breakthroughs in artificial intelligence, commercial space travel, education and health care." (Photo by Alex Wong/Getty Images) You could argue that 2016 was the breakout year for Amazon’s cloud computing service, AWS — and Wall Street knows that an even bigger wave is coming next year.
Amazon’s retail business continues to grow, and chug along, and gobble up share from offline commerce and other companies desperately trying to up their e-commerce game. And that’s all fine and good —… Read More

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