$Amazon(AMZN.US)

"Amazon raised its 2026 capital expenditure guidance from the previous $200 billion to $220 billion. Jassy stated that most of this spending will be directed toward AI. The large capital expenditures resulted in negative free cash flow over the past 12 months, recording a net outflow of $7.6 billion.

Amazon's net profit in the second quarter reached $62.6 billion, a year-on-year increase of 245%, with diluted earnings per share of $5.75.

The financial report showed that the company had approximately $53.4 billion in pre-tax other income in the second quarter, primarily from investments in companies such as Anthropic.

Operating profit for the second quarter reached $27.5 billion, a year-on-year increase of 43%, with an operating margin rising to 13.7%."