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AWS is ‘booming,’ but Amazon’s free cash flow turns negative on record AI spending

calendar_today July 30, 2026 person Todd Bishop domain geekwire

Amazon reported $200.6 billion in second-quarter revenue, up 20%, with AWS growing 37%, its fastest pace since the end of 2021. Free cash flow turned negative for the first time since 2023 as the company poured money into AI data centers. Read More

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