Quick Read – AWS posted its fastest growth in 15 quarters, AMZN carries a $364B contracted backlog, and Polymarket prices a 95% chance of a Q2 earnings beat. – Alphabet’s 82% Google Cloud growth with nearly 90% of Fortune 100 on Gemini signals category-wide strength heading into…
S’s July 30 report. – Andy Jassy bought 50,000 shares in May even as free cash flow collapsed 95% and 2026 capex trends toward $200B. – 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
I keep hitting the buy button on Amazon (NASDAQ:AMZN), and Alphabet (NASDAQ:GOOGL) just handed me another reason to keep going. When a Mag 7 peer posts Google Cloud growth of 82% with nearly 90% of the Fortune 100 running Gemini Enterprise, that lights up the entire cloud category. The market leader in cloud is still AWS, and AWS reports next Thursday.
The Three Engines I Cannot Stop Buying My thesis is plain. Amazon is three compounding businesses stapled together: a retail and logistics rail that would take a decade to rebuild, a cloud franchise that just posted its fastest growth in 15 quarters, and an advertising business now clearing more than $70 billion in trailing revenue. Any one of them would earn a top-quartile slot in my portfolio.