🧠 Amazon $AMZN earnings tonight — AWS & AI capex in the hot seat after MSFT/META split
After Microsoft Azure’s $100B blowout quarter and Meta’s AI-spend stumble, all eyes turn to Amazon’s AWS results after the bell tonight. Wall Street will dig hard into Amazon’s capital expenditures to see if its AI investments are converting to revenue the way Azure’s did. Mastercard and Apple also report today, making this one of the heaviest earnings afternoons of the summer. Not financial advice. Do you expect AWS to follow Azure’s lead or disappoint like Meta?