Amazon.com, Inc. will report its Q3 earnings on October 29, following a strong Q2 where AWS grew 37% year-over-year and backlog reached $496 billion. The Q3 revenue guidance of $197-$202 billion appears weak, mainly because Prime Day sales shifted to Q2 and foreign exchange headwinds impacted results. Capital expenditures are significant, with $220 billion planned for 2026, pushing trailing twelve months free cash flow to -$7.6 billion, and likely higher in 2027. Despite these concerns, Amazon's PEG ratio is 60% below the sector median, reflecting better-than-expected growth, supporting a Buy rating while monitoring free cash flow improvements.
Amazon's market cap stands at $2.83 trillion on Pluang as of October 21, 2026, 22:11 WIB, highlighting its massive scale despite recent concerns over free cash flow. The stock price is $261.52, down 0.42% on the day, with a typical hold time of 128 days among Pluang investors. This trading activity occurs as Amazon prepares to report Q3 earnings, following a strong Q2 backlog of $496 billion mentioned in the news.
Micron's President Scott DeBoer sold 28,545 shares worth $25.7 million, marking the largest insider sale since August and the lowest average price since May. This sale coincided with a slight rebound in Micron's stock price, which rose nearly 2% on t...
Anthropic's confidential IPO filing shows $450 billion in noncancelable cloud computing commitments over the next decade from Amazon, Alphabet, and Microsoft, all of which both invest in and compete with Anthropic. This massive cloud spending highlig...
Amazon.com, Inc. reported a 19.6% year-over-year revenue increase in Q2, led by its AWS segment achieving a 39.4% margin. This strong performance is expected to continue, with AWS projected to contribute over half of Amazon's revenues, pushing consol...
OpenAI announced it will make its AI models available to developers through Google Cloud, marking a significant expansion after ending Microsoft's exclusive license. This move places OpenAI's technology on all three leading U.S. cloud platforms—Googl...
The future success of AI as a service hinges on achieving $1.4 trillion in annual revenue by 2030. Major hyperscalers like Microsoft, Google, and Amazon can sustain slower AI monetization due to their strong existing cash flows, while companies like ...
