Amazon reports Q2 earnings tonight after smashing estimates by 61% last quarter, but shares have slipped since then and Wall Street wants answers on whether AWS can sustain its fastest growth in 15 quarters while a $200 billion AI buildout quietly squeezes margins.

Amazon.com, Inc. Q2 shows accelerating e-commerce, strong AWS growth and margin gains. Click for this AMZN earnings update and see why I remain bullish.

Amazon (AMZN) posted its earnings results for Q2 2026, and the company more than overcame the estimates expected of its revenue and earnings-per-share (EPS) on the backs of its continuing growth of AI tech, web service and cloud computing business, online shopping, and other services.

Analysts reveal what could happen to Amazon shares, but the thesis may be ignoring the bigger picture.

Amazon.com (AMZN) will announce second-quarter earnings on July 30, with the company set to deliver another solid quarter. Strong momentum in the cloud business, massive demand for its artificial intelligence (AI) offerings,