Home » Data » [Amazon Results] Despite solid profitability in Q2, Amazon’s higher investments and U.S.A. pre-election worries unsettle financial markets [Amazon Results] Despite solid profitability in Q2, Amazon’s higher investments and U.S.A. pre-election worries unsettle financial markets Despite fierce competition from Temu and Shein, Amazon reported a solid margin in Q2, driven by the acceleration of AWS and the digital marketplace. Whereas staff lay-off plans have been put on hold, the e-commerce slowdown combined with uncertainty over the U.S.A. election in November are worrying the markets. Through Rudy Degardin, Sophie Baqué. Published on 26 August 2024 à 11h32 - Update on 26 August 2024 à 12h06 Resources On August 1, 2024, Amazon published financial results for Q2 2024. While sales were in line with analysts’ expectations, profits exceeded forecasts. Amazon’s quarterly revenue grew by 10% at constant exchange rates,… Rudy Degardin, Sophie Baqué