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Amazon beats estimates for quarterly cloud revenue growth
Reuters16d agobullish
Amazon beats estimates for quarterly cloud revenue growth

Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments ‌were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37% ‌to $42.2 billion in the second quarter ended June 30, compared with analysts' consensus estimate of a 31.21% increase, according to ​data compiled by LSEG. Amazon said it burned $7.6 billion of cash on a trailing twelve months basis in the second quarter, compared to $18.2 billion in free cash flow a year earlier.

InterDigital Q2 Earnings Call Highlights
MarketBeat16d agoneutral
InterDigital Q2 Earnings Call Highlights

InterDigital (NASDAQ:IDCC) reported second-quarter 2026 results that exceeded its prior outlook, supported by growth in recurring licensing revenue and a new patent-license agreement with Amazon covering devices and services, including Prime Video. Revenue totaled $260.2 million for the quarter, ab

Meta stock poised for a new losing streak: Earnings call takeaways
Yahoo Finance Video16d agoneutralVIDEO
Meta stock poised for a new losing streak: Earnings call takeaways

Meta (META) stock continues to plunge after the company reported its second quarter earnings results on Wednesday. Yahoo Finance Technology Editor Dan Howley and BD8 Capital Partners CEO and CIO Barbara Doran chat with Morning Brief host Julie Hyman about the results, the stock reaction, and their outlook for Meta.

Trucking Earnings: Why UPS Is Falling Behind in a Robust Market
FreightWaves16d agobearish
Trucking Earnings: Why UPS Is Falling Behind in a Robust Market

SummaryView Transcript While the freight market shows resilience, UPS earnings paint a different picture, raising questions about Amazon’s impact and the carrier’s restructuring. Meanwhile, truck OEMs like PACCAR are reporting strong performance, indicating robust demand and favorable pricing ahead. Christopher Versace breaks down the Q2 earnings season in logistics and transportation. UPS stock sold off […] The post Trucking Earnings: Why UPS Is Falling Behind in a Robust Market appeared first

Big Tech earnings meet IPO buzz: What to watch Thursday
Yahoo Finance Video17d agoneutralVIDEO
Big Tech earnings meet IPO buzz: What to watch Thursday

Asking for a Trend Host Josh Lipton previews the biggest market catalysts for Thursday, July 30, including highly anticipated earnings from Apple (AAPL) and Amazon (AMZN) as well as the expected IPO debuts of Jersey Mike's and Reformation.

United Parcel Service Q2 Earnings Call Highlights
MarketBeat18d agoneutral
United Parcel Service Q2 Earnings Call Highlights

United Parcel Service (NYSE:UPS) raised its full-year 2026 outlook after reporting second-quarter revenue and operating-profit growth, citing the completion of its planned reduction of lower-yielding Amazon volume, network reconfiguration efforts and gains in higher-value shipping segments. UPS rep

Can Amazon.com (AMZN) Stay Undervalued As Earnings Near?
Simply Wall St.18d agoneutral
Can Amazon.com (AMZN) Stay Undervalued As Earnings Near?

Amazon.com stock has pulled back recently but still sits on a strong 73.1% gain over the past three years, while the current valuation checks suggest the shares screen as attractively priced on several metrics. With earnings in focus again and big spending plans in areas like AI and logistics, investors are weighing how much of Amazon.com's growth story is already reflected in the share price. Over the last three years, Amazon.com has delivered a 73.1% return, which puts recent short term...