Amazon Q2 Sales Skyrocket to $200.6 Billion
Amazon's second-quarter sales reached $200.6 billion, a 19.6% increase from last year, according to its latest market snapshot.
The company's shares rose 3.97% in one day and are now valued at $2.87 trillion.
AWS revenue grew 36.7% to $42.2 billion, outpacing the company-wide sales rate by 17.1 percentage points.
Advertising revenue increased 26% to $19.8 billion, while North America revenue climbed 16% to $116.2 billion.