Amazon Q2 2026: Revenue Tops $200B for First Time as AWS Posts Fastest Growth in 18 Quarters
Amazon reported Q2 2026 net sales of USD200.6 billion (+20% YoY), crossing the USD200B quarterly threshold for the first time. AWS grew 37% to USD42.2B — its fastest rate in 18 quarters — driven by AI services and custom silicon. GAAP EPS of USD5.75 beat consensus but includes USD53.4B in Anthropic investment gains. Q3 guidance of USD197B–202B midpoint trails consensus. Subsidiary Zoox won the first US federal exemption for paid driverless robotaxis. AMZN rose ~9% after hours.
- 02
Eli Lilly and Resilience Commit USD 750 Million to Expand GLP-1 Manufacturing in Ohio, Adding 400 Jobs
Eli Lilly (NYSE: LLY) and privately held CDMO Resilience are jointly investing USD 750 million to scale sterile injectable manufacturing in the Cincinnati, Ohio region, targeting KwikPen production for GLP-1 blockbusters Mounjaro and Zepbound. The deal creates 400+ high-skilled jobs and begins operations in early 2027, bringing Lilly's total U.S. capex since 2020 above USD 55 billion.
- 03
Oracle FY2026 Annual Report: USD 638B Backlog and Negative Free Cash Flow of USD 23.7B Signal Infrastructure Pivot
Oracle FY2026: Revenue USD 67.4B (+17.3%), RPO backlog USD 638B, CapEx USD 55.7B (+162%), free cash flow -USD 23.7B. OCI cloud infrastructure revenue surged 77% as Oracle's infrastructure pivot accelerates.
- 04
Apple Reports Record Q3 Revenue of $109.4B, But AAPL Slides 8% on Supply-Constrained Q4 Outlook
Apple reported Q3 FY2026 revenue of $109.4B (+16% YoY), beating consensus, with iPhone up 22% and EPS of $2.02. However, AAPL fell 8% after hours as Q4 guidance of +9–11% revenue growth fell short of the 12% consensus, and Services missed estimates. Gross margin of 50.1% included a ~2pp one-time tariff refund tailwind.
- 05
Philip Morris (PM) Q2 2026: Op Margin 40.5%, EPS Down 8%
PMI Q2 2026: operating income +22% to $4.53B (margin 40.5%), but diluted EPS −7.7% to $1.80 due to $511M RBH non-cash impairment and equity-method income decline.
- 06
Apple (AAPL) Q3 FY2026 Earnings Preview: Tim Cook's Final Call as $5 Trillion Market Cap Faces iPhone-AI Test
Apple reports Q3 FY2026 earnings today (July 30) after close. Consensus expects $108.9B revenue (+16% YoY) and EPS of $1.89 (+20%). iPhone segment seen at ~$53B. This may be CEO Tim Cook's final earnings call before John Ternus takes over on September 1.
- 07
Samsung Electronics Q2 2026: Record KRW 89.5T Profit as MX Posts First Smartphone Loss Since 2011
Samsung Q2 2026: KRW 171.5T revenue (+130% YoY), KRW 89.5T operating profit (+1,817% YoY), 52.2% margin. DS at 70% OP margin; MX posts first quarterly loss since 2011.
- 08
ICE to Buy MarketAxess for $6B, Betting NYSE's Playbook Can Fix the $145 Trillion Bond Market
NYSE parent ICE to acquire MarketAxess (MKTX) for $167/share cash ($6B equity value), a 33% premium, aiming to unify institutional and retail bond trading and challenge Tradeweb in the $145T global fixed income market.
- 09
Mastercard (MA) Q2 2026: Revenue Climbs 14% to USD 9.3B, Adjusted EPS of USD 5.04 Beats Consensus by 5.4%
Mastercard Q2 2026: Net revenue USD 9.3B (+14% YoY), adjusted EPS USD 5.04 (+21%), beating Wall Street consensus on both lines. Cross-border volume +12%, GDV USD 2.9T. Value-Added Services grew 20%. USD 4.9B buybacks in Q2.
- 10
Verizon's $1.5B Asset-Light Fiber Push: Bain and Tillman Back Eaton to Reach 1 Million New Homes
Bain Capital and Tillman Global Holdings announced a $1.5 billion investment in Eaton Fiber on July 29, enabling Verizon's expansion to 1M+ new fiber locations through the acquisition of Ripple Fiber — a 10-state network operator.
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Airbnb (ABNB) Q1 2026: 43% Tax Rate Caps Net Income at $160M
Airbnb's operating income more than doubled to $86 million in the first quarter of 2026, yet net income rose only $6 million — because the effective tax rate ju
- 12
Meta (META) Q2 2026: Revenue Surges 28% to USD 60.8B but AI CapEx Crushes Free Cash Flow -91%, EPS Misses by 14%
Meta Q2 2026 revenue rose 28% to USD 60.8B, but GAAP EPS of USD 6.18 missed consensus by 14% as costs surged 55%. Free cash flow collapsed 91% to USD 784M. Stock fell ~11% after-hours.
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