https://apnews.com/3d5b4d85c03947d181cd742bce237c51

NEW YORK (AP) — Amazon's quarterly profit soared past $2 billion for the first time, as revenue from online shopping and its cloud computing business grew.

The Seattle-based company reported net income of $2.53 billion, or $5.07 per share, for the three months ending June 30. That blew past the $2.48 per share Wall Street analysts expected, according to FactSet.