Amazon stock
Amazon.com Inc. (AMZN) reported its second--quarter 2026 financial results on July 24, 2026, delivering a "beat and raise" performance. Total revenue reached $172.4 billion, an 18% increase year--over--year. Amazon Web Services (AWS) demonstrated continued strength with 29% revenue growth, fueled by the rapid scaling of generative AI workloads and the deployment of proprietary Trainium2 chips. Operating income surged to $16.8 billion, driven by improved fulfillment efficiencies and a 25% growth in advertising services. Management subsequently raised its Q3 2026 operating income guidance, signaling confidence in sustained margin expansion.