Amazon vs. Microsoft: Which Tech Giant Looks Better After Its Earnings Report? | The Motley Fool

Amazon (AMZN +0.55%) and Microsoft (MSFT 1.33%) both reported earnings on April 29. The reports continued the tale of two growth stocks heading in different directions. Amazon rallied higher on its earnings, while Microsoft slumped.

The e-commerce giant is up by roughly 20% year to date, while Microsoft has dropped by more than 10%. Both companies’ earnings reports suggest that this trend is likely to continue. 

Cloud computing is the major story for both companies

Amazon and Microsoft have invested heavily in artificial intelligence (AI), and their investments have been showing up in their cloud results. Amazon Web Services (AWS) grew by 28% year over year, marking a sustained period of accelerated revenue growth. AWS sales increased by 13% in 2023, 19% in 2024, and 20% last year.

Today’s Change

(0.55%) $1.49

Current Price

$272.66

Key Data Points

Market Cap

$2.9T

Day’s Range

$269.95 – $274.00

52wk Range

$191.16 – $278.56

Volume

1.6M

Avg Vol

50M

Gross Margin

50.60