CNBC’s MacKenzie Sigalos reports on Amazon’s strong Q2 beat in North America revenue, online store sales, and third-party seller services, with analysts watching for details on how tariffs may affect sellers in coming quarters.

Amazon reported stronger-than-expected results in its retail business, with online sales, third-party seller revenue, and North America revenue all exceeding analyst estimates. Online sales reached $61.48 billion, surpassing the projected $58.98 billion, while third-party seller revenue and North America revenue also posted notable beats.

Despite these positive results, Amazon's guidance for third-quarter operating income was below market expectations, with a midpoint of $18 billion compared to the anticipated $19.48 billion. The company did, however, forecast Q3 revenue above consensus estimates. Investors are also awaiting updates on Amazon's capital expenditure plans, particularly whether it will revise its previously stated $100 billion figure.

Amazon retail strength lifts Q2 results amid tariff questions

Indeed. And now let's get back though to Mackenzie Segalos for more on Amazon. Matt. Hey, so those shares are down 2.5% and it might have something to do with Q3 operating income, what they're guiding to for Q3. They're saying it's going to be the range of 15.5 billion to 20.5 billion. That puts the midpoint at $18 billion. The street wanted to see $19.48 billion. Other than that, we've got a Q3 revenue guide of $174 to $179.5 billion versus the analyst consensus of $173.1 billion. So that's a beat there. I want to also shift over to the other side of their business, which is the retail side. That's showing strength. We saw three key beats. So online sales that came in at $61.48 billion against the street's $58.98 billion estimate. Third-party seller revenue. This is the metric that really offers insight into how outside businesses are performing on the platform. That's a beat, $40.34 billion versus $38.7 billion. One more number I want to bring you guys is North America revenue. Another beat here, $100.06 billion versus the consensus of $97.65 billion. We care about this number because we're talking about net sales from its core US and Canada operations. This really is an indicator of the health of the domestic retail market. Listening to the call to see what color they can give us on CapEx. That is the big number that we are waiting for, guys. We're going to see if they revise up from that $100 billion number that they gave us in Q1.

A mass shooting in Anaconda triggers community shock and concern, as witnesses share their experiences and the investigation unfolds amid rising tensions.

Anaconda

Community in shock following deadly shooting in Anaconda

U.S. President Donald Trump said he's ordered his administration to fire the commissioner of the U.S. Bureau of Labor Statistics, on the same day new data was released showing weak job growth in July. The Labor Department also sharply revised job growth for May and June down.

Washington

Trump orders firing of U.S. Bureau of Labor Statistics commissioner

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Trump says nuclear submarines moved in response to Russia

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Bryan

Ghislaine Maxwell transferred to Texas prison

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Ljubljana

Middle East Conflict

Slovenia becomes first EU country to ban arms trade with Israel

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New York

U.S. sanctions Palestinian Authority in growing diplomatic rift

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Kyiv

Ukraine Invasion

Ukraine parliament reverses bill on anti-corruption agencies amid crisis

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Ottawa

Global Tariffs

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Jerusalem

Trump's envoy meets Netanyahu for Gaza aid, ceasefire push

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Trump says U.S. will set 15% tariff on South Korean imports

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Rio de Janeiro

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Okinawa

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Prime Minister Mark Carney announced that Canada will recognize a Palestinian state later this year if the Palestinian Authority, which governs parts of the West Bank, meets certain conditions.

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Australia said on Wednesday (July 30) it will add YouTube to sites covered by its world-first ban on social media for teenagers, reversing an earlier decision to exempt the Alphabet-owned video-sharing site and potentially setting up a legal challenge.

Canberra

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President Donald Trump said on Wednesday (July 30) the United States will impose a 25% tariff on goods imported from India, as well as an unspecified penalty for buying Russian weapons and oil, on Aug. 1.

Trump says U.S. to hit India with 25% tariff starting August 1

Mourners flooded the streets of Birmingham to celebrate the life of rock-and-roll legend Ozzy Osbourne during his funeral procession in the United Kingdom. Mark Savage, a music reporter at the BBC, a CBS News partner, joins with more details.

Birmingham

Ozzy Osbourne fans flood Birmingham streets to mourn late music icon

U.S. President Donald Trump told reporters before departing from Scotland that Jeffrey Epstein poached workers from his Mar-a-Lago spa. Trump mentioned Virginia Giuffre, one of Epstein's most vocal accusers, in his latest remarks.

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A powerful magnitude 8.8 earthquake off Russia's Far Eastern Kamchatka Peninsula triggered tsunami waves of up to 16 feet nearby, and sparked evacuation orders in Japan, Hawaii and across the Pacific on Wednesday (July 30).

Hawaii

Tsunami reaches Hawaii after huge quake shakes Russia's Far East

The U.N. General Assembly brought high-level officials together to promote a two-state solution to the decades-old Israel-Palestinian conflict. Israel and the United States are boycotting the two-day meeting, co-chaired by the foreign ministers of France and Saudi Arabia

Israel and U.S. boycott UN Summit for two-state solution

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Jeffrey Epstein-associate Ghislaine Maxwell is offering to testify before Congress in exchange for concessions like full immunity. CBS News Department of Justice reporter Jake Rosen has more.

Ghislaine Maxwell offers to testify before Congress

Prime Minister Keir Starmer said on Tuesday (July 29) Britain was prepared to recognize a Palestinian state in September at the United Nations General Assembly unless Israel takes a number of steps to improve life for Palestinians.

London

UK to recognize Palestinian state unless Israel takes action

Russia launched overnight air strikes on over 70 Ukrainian cities, killing more than 20 people, according to President Zelenskyy. A pregnant woman died near a hospital in the southeast, while a prison strike killed at least 17.

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Bogotá

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Russian Security Council Deputy Chairman Dmitry Medvedev posted on social media that President Trump's deadline push for a ceasefire with Ukraine is "a threat and a step towards war."

Breakdown