Amazon's Q2 revenue tops Wall Street expectations…AWS posts high growth

1. 1Amazon (AMZN) posted Q2 revenue of $200.6 billion, exceeding Wall Street's estimate of $197.01 billion.
2. 2Cloud unit AWS grew 36.7% year-on-year, its fastest pace in 18 quarters, and the stock rose more than 6%.
3. 3Free cash flow swung to an outflow of $7.6 billion on a trailing 12-month basis, weighed down by a $66 billion increase in capital expenditure.

Source MarketWatch +7 · View original ↗

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