{
  "id": 19425753,
  "title": "Amazon’s Cloud Computing Business Already Brings in More Revenue Than 476 Companies in the S&P 500. Here’s What It Would Take to Reach $1 Trillion.",
  "url": "https://urgent.news/2026/11/11/amazons-cloud-computing-business-already-brings-in-more-revenue-than",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T00:31:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/10/amazon-cloud-computing-brings-in-more-revenue-than-476-companies-in-the-sp-500/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Amazon Web Services (AWS), Amazon's cloud computing platform, is now a larger revenue generator than 476 companies within the S&P 500, according to trailing-12-month data. In 2023, AWS generated $161.4 billion in revenue, surpassing the combined revenue of the aforementioned companies. Amazon's CEO, Andy Jassy, anticipates AWS could reach a $1 trillion mark within a five to 10 year timeframe. To achieve this ambitious goal within five years, the business would need to maintain an annualized growth rate of approximately 41.5%, while over a 10-year period, the compound annual growth rate (CAGR) would decrease to around 19%.\n\nAWS has experienced accelerated revenue growth over the past five quarters, with a 39% year-over-year growth rate in the third quarter of 2023. Jassy projects revenue growth rates exceeding 40% in 2027 and 2028. This growth trajectory is attributed to Amazon's strategic investments in AI development, which entail a two-year lead time to see revenue generation from new data centers.\n\nAmazon's capital expenditures (capex) have declined in 2023, surged about 57% in 2024 and 58% in 2025, with a projected 67% growth in 2026. Management expects this trend to continue, potentially providing sustained revenue growth for AWS, even as supply constraints ease. Jassy's optimistic outlook suggests that AWS could achieve the $1 trillion revenue goal, driven by a strong focus on long-term platform strategy, advancements in AI, and the ongoing shift of businesses from on-premises computing to the cloud.",
  "summary": "CEO Andy Jassy thinks Amazon Web Services could reach $1 trillion in five to 10 years.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Amazon’s Cloud Computing Business Already Brings in More Revenue Than 476 Companies in the S&P 500. Here’s What It Would Take to Reach $1 Trillion.",
        "url": "https://urgent.news/2026/11/11/amazons-cloud-computing-business-already-brings-in-more-revenue-than-19427690",
        "published": "2026-11-11T00:51:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}