San Francisco, United States, July 31, 2025 (AFP) - Amazon profits surge 35% but forecast sinks share price

NAMPA / AFP

2025-08-01

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off. But the Seattle-based company's profit outlook for the current quarter came in lower than hoped for, with investors worried that the cost of AI was weiging on the bottom line. Amazon's share price was trading about six percent lower in after hours trading. This was despite a stellar second qua......

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