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From the question of where Amazon is in the AI race to forecasts for the next quarter, here are four key takeaways from the Q2 earnings call.
Meta beat expectations on its Q2 performance, turning in nearly $48 billion in revenue and more than $18 billion in profits.
Amazon's Q2 net profit rose by 35% to $18.2 billion, driven by significant growth in artificial intelligence (AI) and Amazon Web Services (AWS).
Despite surpassing revenue expectations with $167.7 billion in sales, Amazon's stock dipped due to tariff-related concerns and lower-than-expected operating income guidance.
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