Key Takeaways
- Amazon (AMZN) reported a significant 13% year-over-year increase in net sales to $167.7 billion for Q2 2025, with CEO Andy Jassy noting no diminishing demand or significant price rises in the first half of the year.
- Reddit (RDDT) saw its Q2 revenue grow by an impressive 78% year-over-year to $500 million, marking its fastest growth since 2022, driven by an 84% surge in ad revenue.
- Apple (AAPL) achieved record customer upgrades in the June quarter and posted a Q2 revenue of $94.0 billion, but incurred $800 million in tariff costs, with an expected impact of an additional ~$1.1 billion in the September quarter.
- Eurozone inflation is anticipated to have slipped below the European Central Bank's (ECB) 2% target in July, with preliminary estimates forecasting a 1.9% headline inflation rate.
Amazon (AMZN) delivered robust second-quarter results, with net sales climbing 13% year-over-year to $167.7 billion. The company's CEO, Andy Jassy, highlighted a stable demand environment, reporting no signs of diminishing demand or meaningful price appreciation in the first half of 2025. Furthermore, Amazon Web Services (AWS) is currently experiencing demand that outpaces its supply capacity, indicating strong growth in its cloud computing segment. The company's Q2 capital expenditure stood at $31.4 billion, and the CFO expects this to reflect typical quarterly spending for the remainder of 2025.
Social media platform Reddit (RDDT) announced a remarkable 78% year-over-year revenue growth in Q2, reaching $500 million. This marks the platform's fastest revenue growth since 2022, largely fueled by an 84% year-over-year increase in ad revenue to $465 million. The company's headcount also rose 17% year-over-year in Q2, with 70% of new hires focused on consumer-facing roles such as sales, marketing, and ad tech, signaling a strategic investment in user engagement and monetization.
Meanwhile, Apple (AAPL) reported a record June quarter for customer upgrades, with total revenue reaching $94.0 billion and net quarterly profit of $23.4 billion. Despite this, the tech giant faced significant tariff costs, incurring $800 million in the June quarter alone. The company anticipates an even greater impact in the September quarter, with an estimated $1.1 billion in additional tariff-related costs.
In the Eurozone, analysts are forecasting that inflation likely slipped below the European Central Bank's (ECB) target of 2% in July. Preliminary estimates suggest a headline inflation rate of 1.9% for July, down from 2.0% in June. This potential decline in inflation could further reduce the likelihood of another interest rate cut by the ECB, as inflation appears to be firmly under control in the region.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.