1 week ago
Amazon (AMZN) Stock Jumps as Revenue Rises 20% and AWS Sales Climb 37% in Q2
TLDR Amazon shares jumped after quarterly revenue climbed 20% to $200.6 billion. AWS sales surged 37% as cloud demand delivered its fastest growth in 18 quarters. Operating income rose to $27.5 billion as AWS profit reached $16.6 billion. Anthropic investment gains lifted Amazon’s quarterly net income to $62.6 billion. Heavy infrastructure spending pushed free cash [...]
The post Amazon (AMZN) Stock Jumps as Revenue Rises 20% and AWS Sales Climb 37% in Q2 appeared first on Blockonomi.
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