- September Nasdaq 100 E-Mini futures climbed 1.12% as investors returned to AI-related equities following Amazon's strong Q2 results.
- Amazon's Web Services segment recorded a 37% revenue growth rate in the second quarter, exceeding Wall Street expectations of 31%.
- The positive AWS results helped investors overlook a $20 billion increase in Amazon's full-year capital expenditure guidance.
Quotes
“Amazon.com (AMZN) jumped over +12% in pre-market trading after the company's cloud-computing unit, Amazon Web Services, recorded the fastest quarterly revenue growth since 2021.”