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Based in Seattle, Washington, Amazon.com, Inc. (AMZN) is a global leader in the e-commerce and cloud computing industries. With a market cap of $2.01 trillion, Amazon is renowned for its vast selection of products and services, innovative technology, and customer-centric approach. The company’s diverse portfolio includes online retail, Amazon Web Services (AWS), streaming services, and AI-driven devices, making it a dominant force in the modern digital economy. Amazon is set to announce its fiscal Q2 earnings results on Thursday, Aug. 1.
Ahead of the event, analysts expect AMZN to report a profit of $1.02 per share, up 61.9% from $0.63 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.