# Amazon earnings: AWS's growth rate 'no doubt' justifies the big AI spending > Source: > Published: 2026-07-30 21:12:04+00:00 Amazon ([AMZN](https://finance.yahoo.com/quote/AMZN/)) reported second quarter earnings results that beat Wall Street's expectations. CFRA Research senior vice president of equity research, Arun Sundaram, chats with Yahoo Finance about his expectations for AWS. Amazon ([AMZN](https://finance.yahoo.com/quote/AMZN/)) reported second quarter earnings results that beat Wall Street's expectations. CFRA Research senior vice president of equity research, Arun Sundaram, chats with Yahoo Finance about his expectations for AWS.