Amazon Crushes Q2 Earnings: AWS Soars 17%, Defying Wall Street Skeptics
Amazon just flexed its cloud muscles—and Wall Street's models didn't see it coming.
AWS Outpaces the Pack
While analysts scrambled to update spreadsheets, Amazon Web Services clocked 17% growth. Not bad for a 'mature' segment in a shaky macro environment.
Retail Meets Rocket Fuel
The real story? AWS continues bankrolling Jeff Bezos' moon shots while rivals play catch-up. Remember when skeptics called cloud computing a commodity? Neither does Amazon's balance sheet.
Another quarter, another reminder: in tech, the house always wins—even when hedge funds bet against it.