AWS hits $42B Q2 as Jassy bets on $1T cloud future
AWS posted $42.2 billion in Q2 revenue, a 37.6% year‑over‑year jump and its fastest growth in 18 quarters. Jassy says the shift from on‑prem servers to cloud‑based AI could lift AWS to a $1 trillion annual business, a claim that’s already spurring a stock rally.