As Amazon.com, Inc. (NASDAQ: AMZN) reported 36.7% year-over-year (YoY) growth to $42.23 billion in AWS (Amazon Web Services) revenue during the second-quarter earnings, over five Wall Street analysts have reiterated a bullish outlook for the stock over the next 12 months.

Amazon.com Inc. (NASDAQ:AMZN) stock jumped about 12% in Friday's premarket session after the company reported stronger-than-expected second-quarter results and robust growth in its cloud business.

It's looking like a strong end to a bad month for the stock market as Amazon surged after earnings.

There is a lot of discussion in the entertainment industry press that every major major SVOD is likely to add free ad-supported streaming TV (FAST) channels to their platform right alongside their original productions and licensed programs.The biggest rumors along that line center around Netflix, where stories arguing that FAST channels are on the way to that streamer have circulated for months.

Shares of Amazon were 12% higher in premarket trading while Apple fell 7%. In this article AAPL

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:

Amazon stock (NASDAQ: AMZN) surged as much as 10% in extended trading on Thursday after the company delivered its strongest AWS growth in more than four years, providing evidence that its artificial-intelligence spending is producing returns. AWS sales jumped 37% to $42.2 billion, accelerating from 28% in the previous quarter and beating Wall Street's expectation of about 31%.

Amazon.com, Inc. (AMZN) Q2 2026 Earnings Call Transcript

Amazon launches AWS Forward Deployed Engineering with a $1B investment to boost AI deployment. Demand for forward-deployed engineers has soared since early 2025.