- Amazon reports Q3 earnings Thursday.
Amazon reports Q3 earnings Thursday. AWS growth and AI capex costs are the main focus. Analysts expect AWS sales of $45B (+37%) and a 38% margin. Retail growth slows to 5% due to Prime Day shift. Total revenue seen at $202B, EPS $1.97. Capex projected at $220B for 2026. Anthropic IPO adds counterparty risk via a $110B AWS contract.
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