Amazon.com Inc. stock traded up by 15.1 percent on Friday, July 31, 2026, driven by strong e-commerce growth and robust AWS demand. Q2 2026 net sales climbed 20% year over year to $200.6B, with operating income up 43% to $27.5B, even as free cash flow slipped negative on heavy AI and data-center capex. Earnings beat expectations as revenue surpassed the $196.43B consensus and EPS hit $5.75 versus $1.82, boosted by a $53.4B gain tied to AMZN’s Anthropic stake. AWS delivered $42.23B in net sales and $16.62B in operating income, backed by a $496B backlog and a $25B custom chips run-rate. Management lifted 2026 capex plans to $220B, directing most of it to AI infrastructure and suggesting AWS could ultimately scale into a $1T business. Amazon Business reached a $60B annualized gross sales run-rate, serving over 11 million organizations and adding 1.8 million new customers in the first half of 2026. The stock closed at $271.58, up from $235.50 the prior day, following a 7% after-hours surge to around $252.19 on 2026/07/30. Intraday, the 5-minute tape showed steady higher lows around $270 and tight action near