Quick Read – AWS posted its fastest growth in 15 quarters at 28%, while Google Cloud’s backlog nearly doubled to $460 billion heading into July earnings. – ServiceNow trades down 30% year-to-date despite 21% subscription growth and a $5 billion buyback, making it the group’s…
ntrarian pick. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn’t make the cut. Grab the names FREE today
July is shaping up to be the pivotal month for cloud computing investors in 2026. All three of the companies below report late-July results with their cloud franchises accelerating, not decelerating, into the print. Enterprise AI workloads are still running ahead of supply, hyperscaler backlogs are ballooning, and the market has already begun to sort winners from laggards on valuation.
The setup argues for positioning before the reports, not after. Here are three names worth a hard look ahead of the late-July calendar. Amazon (AMZN) Amazon (NASDAQ:AMZN) reports Q2 2026 results after the close on July 30.