Amazon's AI cloud business soared in the second quarter, driving far higher revenue than expected, though the company's free cash flow also turned negative as it invests heavily in the business.
Driving the news: Amazon delivered a 20% increase in net sales to $200.6 billion, easily topping S&P Capital IQ expectations of $196.4 billion.
Much of the gain came from a triple-digit … [+909 chars]
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