Amazon shares are trending. What’s behind AMZN gains?

Amazon Q2 Earnings HighlightsAmazon reported second-quarter revenue of $200.61 billion, beating the consensus estimate of $196.46 billion, according to Benzinga Pro. The company posted second-quarter earnings of $5.75 per share, beating analyst estimates of $1.82 per share.Total revenue increased 20% on a year-over-year basis. Here’s a breakdown of revenue by segment.

North America: $116.2 billion, up 16%

International: $42.2 billion, up 15%

Amazon Web Services: $42.2 billion, up 37% (fastest growth in 18 quarters)