Amazon Q2 profit jumps 35% to $18.2 billion, driven by AI and AWS growth
The e-commerce giant said that the big investments in artificial intelligence started to work on Thursday, 35 percent of the three-month snow on Thursday.
The Seattle -based company recorded a net profit of $ 18.2 billion for the second quarter ending on June 30, and in the same period of the previous year, $ 13.5 billion.
Net sales increased by 13 percent to $ 167.7 billion by defeating analyst’s expectations and reporting that the global company has survived the effects of high tariff trade policy under US President Donald Trump.
“Our belief that AI will change every customer experience,” pointing to the company’s extended Alexa service and new AI shopping agencies, is starting to play. ” He said.
AWS pioneers income fluctuation
Amazon Web Services (AWS), the company’s leading cloud computing section, rose to $ 30.9 billion with an increase of 17.5 percent.
The business profit of the unit rose from $ 9.3 billion to $ 10.2 billion compared to the previous year.
Strong AWS performance reflects the increasing demand for cloud infrastructure to provide power to AI applications, which is a trend that benefits large cloud providers as they compete to adopt productive AI technologies.
Despite the results of the star, investors were worried about AI’s ambitions to follow AI’s ambitions, and sent the stock price more than three percent lower in post -overtime transactions.
Since Amazon increased capital expenditures on AIT infrastructure and logistics, the company’s free cash flow fell from $ 53 billion in the same period last year and fell to $ 18.2 billion for 12 months.
The company spent 32.2 billion dollars on property and equipment in a quarter, and a year ago, about twice the $ 17.6 billion, reflected big investments in data centers and rear room capabilities.
Amazon, largely for AWS investments in artificial intelligence this year, this year promised to spend up to $ 100 billion.
For the current quarter, Amazon is estimated to be between 174.0 billion and 179.5 billion dollars and represents a solid growth of 10-13 percent compared to the third quarter of 2024.
In the third quarter of the existing quarter, the business profit was expected to vary between $ 15.5 billion and $ 20.5 billion, which is lower than some of them hoped and probably an investor is disappointing.
