Amazon (AMZN) will release Q2 earnings on July 30. Analysts expect $1.82 EPS and $196.25B revenue. Stock fell 1.8% Wed. See analyst ratings and targets.

Amazon.com seeks to prove Project Kuiper can rival Starlink as earnings test its AI and data-center buildout without draining cash flow.

Amazon has shown momentum for its AWS segment in recent quarters. The trend could continue in Q2 results Thursday.