Amazon.com, Inc. While demonstrating robust growth across all segments, CAPEX investments are weakening the short-term financial outlook, with the bet that the AWS success will repeat. As the firm is heading to launch Amazon LEO services, there are operational costs that are expected to contract margins in the medium term. Both AI and LEO CAPEX commitments will further contract FCF margins, which will result in the firm using cash at hand, drawing from the credit facility to further fund growth.

Diredt-to-device network would complement connectivity via fixed antennas and Globalstar's satellites.

Cloud results will again be a major impacting force behind sentiment on AMZN and MSFT's earnings.

A 53-year-old with two decades of maxed-out 401(k) contributions thinks she built a diversified retirement. She may have accidentally built a concentrated AI bet instead, and the one safety net she overlooked could be worth far more than she realizes.

Tech companies are driving blowout results this earnings season. But investors aren't rewarding their stocks the way they usually do.

Warner Bros.

Amazon previously estimated it would spend $200 billion on capital expenditures this year. Most of that goes to servers and infrastructure related to artificial intelligence.

Marley Kayden talks highlights the launch of new single-stock futures in the U.S., giving investors another tool to gain leveraged exposure to individual names. She also discusses Amazon's (AMZN) plan to expand its Project Kuiper low-Earth orbit satellite network as competition ramps up from competitors like SpaceX (SPCX) and Rocket Lab (RKLB).

Amazon.com, Inc. remains a Buy ahead of Q2 2026, but the setup is not low-risk due to ongoing AI-driven capex pressures. The investment thesis hinges on AMZN AWS growth and margin resilience, as AWS is the primary driver of high-quality operating income. AMZN's Q2 guidance is strong, with revenue projected at $194B–$199B and operating income at $20B–$24B, but free cash flow remains under pressure from AI infrastructure spend.

With four Mag 7 companies reporting earnings this week, Maria Llerena discusses the CapEx expectations for Microsoft (MSFT), Meta Platforms (META), and Amazon (AMZN) after Alphabet (GOOGL) shares sold off when it increased figures. Nick Raich adds that Wall Street is focused more on the AI spending than profits its generating, urging investors to focus more on earnings than CapEx.