Amazon AMZN Q2 Earnings Report: AWS Acceleration and Ad Revenue Boom.
Executive Summary: Amazon Crosses $200 Billion Quarterly Revenue Milestone E-commerce and cloud computing giant Amazon.com, Inc. ($AMZN) reported record-breaking second-quarter financial results, crossing $200.6 billion in net sales (+20% YoY) and $27.5 billion in operating income (+43% YoY). The performance was led by re-accelerating cloud demand at Amazon Web Services (AWS)—which grew 37% YoY to … Read more