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AMZN (Trans): Capex raised to $220bn
Below is Dolphin Research's FY26Q2 earnings call Trans for $Amazon(AMZN.US). Key highlights from the release are as follows.
1) Q3 guidance: net sales of $197.0bn–$202.0bn. Operating income of $22.5bn–$26.5bn.The sequential slowdown in revenue growth from Q2 to Q3 is mainly due to two factors. First, Prime Day timing: in 2026 the event lands in Q2 across most major countries, including the U.S., whereas in 2025 it fell entirely in Q3...AmazonConference Minutes
