Shares of Amazon were 12% higher in premarket trading while Apple fell 7%. In this article AAPL

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:

Amazon stock (NASDAQ: AMZN) surged as much as 10% in extended trading on Thursday after the company delivered its strongest AWS growth in more than four years, providing evidence that its artificial-intelligence spending is producing returns. AWS sales jumped 37% to $42.2 billion, accelerating from 28% in the previous quarter and beating Wall Street's expectation of about 31%.

Amazon.com, Inc. (AMZN) Q2 2026 Earnings Call Transcript

Amazon launches AWS Forward Deployed Engineering with a $1B investment to boost AI deployment. Demand for forward-deployed engineers has soared since early 2025.

Revenue: $200.6 billion, up 20% year-over-year.Operating Income: $27.5 billion, up 43% year-over-year.North America Segment Revenue: $116.2 billion, up 16% year

On Amazon's first-quarter earnings call, CEO Andy Jassy described agentic artificial intelligence as a work in progress. Well, progress has been made.

Amazon.com, Inc. delivered a strong Q2, with revenue growth accelerating to 20% and a substantial earnings beat, primarily driven by AWS performance. AWS revenues surged 37% year-over-year, with robust margin expansion, validating Amazon's heavy investment in cloud infrastructure despite near-term free cash flow pressure. AMZN's aggressive capital expenditures, totaling $54 billion in Q2, are fueling growth but have resulted in a $9 billion free cash flow burn, raising balance sheet considerations.

Despite plenty of uncertainty on some of the bigger economic issues, Q2 earnings season rolls along quite successfully to this point.

Although the revenue and EPS for Amazon (AMZN) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.