Amazon Q2 Ad Revenue Up 26% as Tech Giant’s Profit Booms to $62.6 Billion on Anthropic Investments

Amazon reported its second-quarter 2026 earnings Thursday, revealing it beat Wall Street’s estimates with more than $200 billion in revenue for the April-June quarter. Ad revenue for the quarter was up 26% while the company’s profit jumped to $62.6 billion with its investment in Anthropic. Wall Street forecast earnings per share (EPS) of $1.82 on…