Amazon Q2 Preview: $197B Revenue Expected, AI Capex in Focus
AMZN sits 16% above its 52-week low of $196 on light trading volume (0.3× avg).
Summary
Amazon reports Q2 after the close with consensus at $197B revenue and $19.97B net income, up from $167.7B and $18.16B a year ago. The stock has dropped 13% in three months as investors worry about AI spending; capex is guided to ~$200B this year and could be raised. AWS demand is flagged as a meaningful upside driver by Deutsche Bank. A shift of Prime Day into June may distort quarterly growth rates. This follows a $25B debt raise in July and the recent wind-down of in-house AI models, adding to the capex narrative.
At the time of this announcement, AMZN was trading at $228.16 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.5T. The 52-week trading range was $196.00 to $278.56. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.