CNBC·3 min read·medium
Amazon (AMZN) Q2 earnings report 2026
A
Annie Palmer
✦AI Summary
Amazon reported strong Q2 2026 earnings, driven by a 37% growth in its cloud segment and high demand for artificial intelligence. The company increased its capital expenditure forecast to $220 billion to support AI infrastructure and chip development.
Amazon reported surging cloud growth during the second quarter, pointing to strong artificial intelligence demand, and the company boosted its capital spending forecast for the year.
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