Amazon reports Q2 AWS revenue up 37% YoY to $42.2B, above estimates of a 31.21% increase, and AWS operating income up 64% to $16.6B; AMZN jumps 8%+ after hours
THE SO WHAT
AWS growing 37% to $42.2B with 64% operating income growth is a reminder that AI demand is flowing first into cloud infra, not SaaS. If you're an enterprise buyer, expect sustained pricing leverage from hyperscalers — and use that to negotiate credits and co-builds while the growth story is hot.
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