AMZN Stock: Can AWS AI Growth Outrun Spending?
TLDR AWS second-quarter sales climbed 37% to $42.2 billion, while operating income reached $16.6 billion. Amazon’s AI business exceeded a $25 billion annual revenue run rate and continued triple-digit growth. AWS expanded its AI lineup with GPT-6 Astra, Kimi K3, Amazon Quick and Amazon Connect Talent. Amazon’s AI infrastructure spending pushed trailing 12-month free cash [...]
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Source: Source: Blockonomi