Prediction: CEO Andy Jassy Will Raise Amazon's Full-Year 2026 Capex Guide on July 30
Amazon has already guided for $200 billion of artificial intelligence (AI)-related capital expenditures in 2026.
Overview
Amazon (NASDAQ: AMZN) will report its 2026 second-quarter earnings after the market closes on Thursday, July 30. Following the release, Amazon CEO Andy Jassy and other members of Amazon's management team will hold a live earnings conference call with Wall Street analysts.
As a "Magnificent Seven" company and hyperscaler, Amazon is one of the world's largest companies, driving the artificial intelligence (AI) revolution.
Details
That puts a massive spotlight on the company, particularly as it tries to balance building out massive AI infrastructure projects and keeping increasingly nervous shareholders at bay.
Source
Originally published at www.fool.com.