WS #13090
Amazon reported Q2 revenue of $201B (+20% YoY), AWS growth of 37% (fastest in 18 quarters, beating 31% est), net income $63B (incl $53B unrealized gain from Anthropic), and guided Q3 revenue 9-11% growth. AMZN shares surged ~9% after hours. Apple reported Q3 revenue $109.4B (+16.4% YoY), iPhone sales $54.25B (+22% YoY, record June quarter), EPS $2.02 (ex-tariff refunds ~$1.91 vs $1.89 est). But Services revenue missed at $30.7B vs $31.2B est, and shares fell ~4% after hours on supply constraints and Cook's departure. AXT reported Q2 adjusted EPS $0.19 (beat), guided Q3 EPS $0.30-$0.32 vs $0.11 est and revenue $66M vs $38.8M est, driven by AI infrastructure demand. Shares surged 27% after hours.
Amazon Q2 Earnings Beat: AWS Cloud Growth Accelerates
Amazon reported Q2 revenue of $201B (+20% YoY), AWS growth of 37% (fastest in 18 quarters, beating 31% est), net income $63B (incl $53B unrealized gain from Anthropic), and guided Q3 revenue 9-11% growth. AMZN shares surged ~9% after hours.
Apple reported Q3 revenue $109.4B (+16.4% YoY), iPhone sales $54.25B (+22% YoY, record June quarter), EPS $2.02 (ex-tariff refunds ~$1.91 vs $1.89 est). But Services revenue missed at $30.7B vs $31.2B est, and shares fell ~4% after hours on supply constraints and Cook's departure.
AXT reported Q2 adjusted EPS $0.19 (beat), guided Q3 EPS $0.30-$0.32 vs $0.11 est and revenue $66M vs $38.8M est, driven by AI infrastructure demand. Shares surged 27% after hours.