Amazon Q2 Earnings and B2B Milestone: Strong Growth for FBA Sellers

Amazon Q2 results: net sales up 20% to $200.6B, operating income up 43%, AWS growth 37% (fastest in 18 quarters). Amazon Business hit $60B in annualized B2B sales, entering agentic AI era. Amazon's $220B CapEx bet on AI signals continued dominance. Additionally, Amazon received $600M in tariff rebates and will refund customers; shipping costs rose 19% YoY; Prime Day shifted to June. For FBA sellers, strong e-commerce growth and record delivery speeds confirm platform health. Developing story as implications for sellers unfold.