Amazon Crushes Earnings And Reaches Almost $20 Billion In Q2 Ad Revenue

Image for article Amazon Crushes Earnings And Reaches Almost $20 Billion In Q2 Ad Revenue
News Source : AdExchanger

News Summary

  • Amazon’s advertising businesses earned a total of $19.8 billion in Q2, the company reported in its quarterly earnings on Thursday.
  • While those revenue numbers would be reason to celebrate for any other advertising business, they barely registered for Amazon.
  • The only occasion when Amazon's leadership cited any of its media properties or any advertising wins that weren’t expressions of AI tech was in the opening remarks.
  • Amazon could add $250 billion in market cap overnight after its optimistic earnings.
Amazons advertising businesses earned a total $19.8 billion in Q2, the company reported in its quarterly earnings on Thursday. Thats up from $15.

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