CEO Andy Jassy noted, "We've seen significant reacceleration of AWS growth for the last four quarters," putting its annualized revenue run rate at $110 billion. With that, AWS controls roughly 33% of the cloud infrastructure services market, more than Azure and Google Cloud combined, according to research firm Canalys.

Live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Wall Street closed mixed on Monday after a choppy session. AI-powered semiconductor behemoths surged following positive news for this segment. A newspaper report that tariff policies of the incoming Trump administration are likely to be less restrictive than expected boosted confidence of market participants.

The stock market’s slide picked up heading into the close. The Dow was down 300 points, or 0.7%, with roughly 25 minutes to go in the trading day. The S&P 500 was down 1.4%. The Nasdaq Composite was down 2.