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Amazon posts strong Q2 with 37% AWS growth, expanding margins, and promising tech innovations.

Company Fundamentals
30 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Amazon.com delivered a strong Q2 driven by accelerating e-commerce growth and robust AWS performance, which saw 37% year-over-year revenue growth and a 39.4% margin. The company’s expanding margins and maturing optionalities like Amazon Now, robotics, and LEO satellites strengthen its ecosystem and support high revenue growth. AWS outpaced Microsoft’s cloud growth, benefiting from strong AI and chip trends. The analyst maintains a Buy rating on Amazon, citing rapid growth, margin expansion, and an attractive 2026 price-to-earnings valuation near 28 times.

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