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flag Amazon reports Q2 profits up 35% to $18.2 billion, but shares drop on cautious outlook.

flag Amazon reported a 35% increase in Q2 profits to $18.2 billion, with net sales up 13% to $167.7 billion. flag Despite strong results, shares fell due to cautious guidance on operating income. flag CEO Andy Jassy highlighted AI investments and the growth of Amazon Web Services, which saw a 17.5% rise in sales to $30.9 billion. flag The company faces uncertainty from tariffs and increased spending on AI infrastructure.

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