- AMZN Q2 2026: sales $200.6B (+20% YoY), operating income $27.5B (+43%), AWS revenue $42.2B (+37%), AI and custom chip units each >$25B ARR. FY capex raised to $220B; Q3 sales guide $197–$202B.
- Amazon disclosed a $50B OpenAI investment: $15B in Q1, $13.7B in Q2, and $21.3B after quarter end. Series C preferred will convert to common stock at IPO or liquidity event.
- Warren Buffett acknowledged that he did not understand Amazon at the time of Berkshire’s initial investment, and Berkshire Hathaway exited its position in Amazon.com, Inc. (AMZN) in 2026.
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Key facts: AMZN Q2 Strong; $50B OpenAI Stake; Buffett, Berkshire Exit
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AMZN Q2 2026: sales $200.6B (+20% YoY), operating income $27.5B (+43%), AWS revenue $42.2B (+37%), AI and custom chip units each >$25B ARR. FY capex raised to $220B; Q3 sales guide