Odaily Planet Daily reports that Amazon will release its second-quarter 2026 earnings report after U.S. market close. According to LSEG data, the market expects the company’s revenue to reach $196.47 billion and earnings per share of $1.82, with AWS cloud revenue projected at $40.54 billion and advertising revenue at $19.43 billion.
The market is also closely monitoring Amazon’s progress in AI infrastructure investment. The company had previously maintained its 2026 capital expenditure guidance of approximately $200 billion, but following Alphabet’s upward revision of its full-year capital spending forecast, multiple institutions now expect Amazon to also raise its full-year capital expenditure target. Morgan Stanley forecasts Amazon’s capital expenditures this year to reach $218 billion and remains bullish on AWS’s long-term growth, supported by partnerships with OpenAI, Anthropic, and others. (CNBC)