Dave Brown, one of the most senior executives at Amazon Web Services, will bring his nearly two decades of experience to Meta.

Amazon's in-house chip business has topped a $20 billion annual revenue run rate and is growing at triple-digit rates year over year. Customers have committed more than $225 billion in future revenue for the company's Trainium chips.

The latest trading day saw Amazon (AMZN) settling at $249.89, representing a -1.99% change from its previous close.

AWS ended Q1 with a massive $364 billion backlog, up 49% quarter over quarter. A sizable portion of AWS spending commitments have been made by Anthropic and OpenAI, which are generating significantly less revenue than their obligations.

Amazon is an e-commerce and cloud computing juggernaut. Alphabet has a strong collection of leading and emerging businesses.

SEATTLE--(BUSINESS WIRE)--Amazon.com, Inc. (NASDAQ: AMZN) announced today that it will hold a conference call to discuss its second quarter 2026 financial results on Thursday, July 30, 2026, at 2:00 p.m. PT/5:00 p.m. ET.The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir.

I keep clicking buy on Amazon (NASDAQ:AMZN | AMZN Price Prediction), and I am not embarrassed to admit it.

U.S. consumers kept spending in June, but the mix shows why Walmart and Amazon are leaning harder into price as the back-to-school season begins. The Commerce Department's June retail sales report showed sales rising 0.2% from May to $768.6 billion and 6.7% from a year earlier.

KeyBanc Capital Markets is doubling down on Amazon.com's (NASDAQ:AMZN) AI infrastructure splurge, arguing that fears of overbuilding are misplaced as AWS growth re‑accelerates and long‑term compute demand hardens.

As Amazon.com, Inc. (NASDAQ: AMZN) reported its fastest growth rate in Amazon Web Services (AWS) sales in nearly four years, Justin Patterson, an analyst at KeyBanc, maintained a bullish outlook.