Business

Tech Sector Profit Growth Surges Amid Amazon’s Earnings

Updated 2026-08-02 14:10 UTC 1 source Positive

Amazon reported abnormally large earnings growth due to paper gains on Anthropic investments. This is part of a broader trend of S&P 500 companies experiencing wild profit growth.

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MarketWatch

S&P 500 profit growth is getting even wilder as Amazon makes its mark

Amazon is the latest Big Tech company to report abnormally large earnings growth, thanks to paper gains on Anthropic investments.

2026-08-02 14:00 UTC