SpaceX has a rich valuation. Amazon's fast-growing cloud computing business has a bright outlook.

Now is the time to buy hyperscaler stocks as they start to break out.

A U.S. appeals court overturned a March ruling that temporarily barred Perplexity's artificial intelligence-powered agentic shopping tools from accessing Amazon's platform, Reuters reported Tuesday (Aug. 4).

Amazon.com remains a powerhouse in cloud computing and digital advertising while streamlining its global fulfillment network. Carnival is capitalizing on record travel demand and expanding its fleet capacity to improve its overall debt profile.

Berkshire Hathaway closed out its 2.3 million-share Amazon position in the first quarter of 2026, when Greg Abel took over as CEO. AWS, Amazon's cloud business, reported a 37% sales increase in the 2026 second quarter.

Amazon's net margin climbed to 10.8% while Dutch Bros trades at a 71.6x forward P/E, a stark contrast in profitability and valuation.

Amazon.com, Inc. just broke the bank with AI and AWS investments. Its free cash flow went negative. Its aggressive AI and AWS investments have driven negative free cash flow, with CAPEX expected to reach $220B in 2026. And I think it won't change soon. AWS remains the growth engine, now exceeding a $169B run rate. The management targets $1T annual revenue over time.

The 47% earnings headline has an asterisk

Amazon.com, Inc. has scaled a $3 trillion valuation milestone; the market is finally convinced with its AI strategy and its massive backlog that has reached $500 billion as of Q2. AWS's AI and chip businesses now boast a combined $50 billion annualized run rate, corroborating its ability to monetize AI. Free cash flow margins are expected to remain negative through 2027–2028 as CapEx surpasses $220 billion in 2026, but backlog visibility underpins confidence in future monetization.

Jeff Bezos is still focused on Prime Video at Amazon. He wants the division to implement more AI to drive engagement.