Amazon reports Q2 revenue up 13% YoY to $167.7B, operating income up 31% YoY to $19.2B, and net income up 35% YoY to $18.2B (Amazon)

Amazon:
Amazon reports Q2 revenue up 13% YoY to $167.7B, operating income up 31% YoY to $19.2B, and net income up 35% YoY to $18.2B  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2025.  - Net sales increased 13% to $167.7 billion in the second quarter …

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Amazon reports Q2 AWS revenue up 17.5% YoY to $30.9B, vs. $30.8B est., and AWS operating income up 8.8% YoY to $10.2B (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Amazon reports Q2 AWS revenue up 17.5% YoY to $30.9B, vs. $30.8B est., and AWS operating income up 8.8% YoY to $10.2B  —  Amazon's cloud group grew recorded revenue growth of 18% in the second quarter, slightly ahead of analysts' estimates.  —  Amazon Web Services continues to lead …

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The US SEC launches Project Crypto, an initiative to "modernize" securities regulations to allow for crypto-based trading (Tanaya Macheel/CNBC)

Tanaya Macheel / CNBC:
The US SEC launches Project Crypto, an initiative to “modernize” securities regulations to allow for crypto-based trading  —  The Securities and Exchange Commission on Thursday debuted “Project Crypto,” an initiative to modernize securities rules and regulations to allow for crypto-based trading.

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Tether reports Q2 net profit of $4.9B, a quarterly record, and says it held nearly $9B in bitcoin at the end of the quarter (RT Watson/The Block)

RT Watson / The Block:
Tether reports Q2 net profit of $4.9B, a quarterly record, and says it held nearly $9B in bitcoin at the end of the quarter  —  - Tether, the world's largest stablecoin issuer, said it registered a net profit of $4.9 billion, setting a new quarterly record.  The previous record was $4.5 billion, set in Q1 2024.

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