Amazon.com, Inc. (AMZN.O): 1st Order: AWS Growth Accelerates to +37% Y/Y, AI ARR Exceeds $25B, and NA Retail Margins +40bps Y/Y

Research evidence excerpt

Amazon.com, Inc. (AMZN.O): 1st Order: AWS Growth Accelerates to +37% Y/Y, AI ARR Exceeds $25B, and NA Retail Margins +40bps Y/Y

Amazon.com, Inc. (AMZN.O)

13 July 2026 Citi Research

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