Amazon’s AWS supplied 60% of Q2 operating income on about 21% of revenue, while sales grew 37% and its backlog reached $496 billion. The Motley Fool argues the cloud unit’s profit and growth make it the main reason to buy Amazon shares.
North American commerce sales rose 16% in Q2 and international sales 15%, compared with AWS revenue growth of 37%. Amazon is investing in data centers to expand AWS computing capacity. CEO Andy Jassy said the company would not have enough computing power to meet demand in 2026; the article says the same appears to be happening in 2027.
The article notes Amazon was not among Stock Advisor’s 10 stocks identified as the team’s best buys. It discloses that Keithen Drury holds Amazon shares and that The Motley Fool has a position in and recommends the company.
