In the third quarter of 2025, Amazon achieved its strongest growth in its AWS cloud division since 2022. Amazon Web Services' revenue grew by 20 percent to $33 billion. This exceeded Wall Street's expectations, which had predicted $32.4 billion. Amazon's total revenue rose thirteen percent to $180.2 billion in the third quarter. Net income rose to $21.2 billion, or $1.95 per share. The figures exceeded analysts' expectations, leading to a share price increase of approximately nine percent in after-hours trading.
Here are some eye-opening numbers: Last year, nearly 20 million Americans got pink slips. By June of this year, 10 million employees had been dismissed from a range of industries and companies, including blue-chip tech firms like Google, Amazon, and Microsoft, as well as once secure federal agencies. A whopping 1.6 million workers are laid off each month. Losing your job is a perpetually looming threat: 40% of American workers report being terminated at least once in their careers;
Takeshi Numoto, Microsoft's chief marketing officer, and his marketing team will join the newly created organization, with Takeshi reporting directly to Althoff as CMO; Numoto will still also report directly to Nadella on all-up business models, planning, consumer marketing, and corporate brand and communications.
The move comes as the 5,000-person company faces mounting pressure. Advertising revenue growth flatlined at 4% in the second quarter, and North American daily active users declined 2% to 98 million, a troubling sign in Snap's most important market. Spiegel does highlight one bright spot: Snapchat+ subscriptions now generate over $700 million in annual recurring revenue from more than 15 million paying subscribers, making direct revenue "one of Snap's fastest-growing opportunities."
Thames Water is heavily in debt with £1.27 billion owed to creditors and has incurred £122 million in fines from Ofwat, indicating severe financial distress.
