Amazon stock jumped 12% in premarket after Q2 revenue beat estimates at $200.6B and EPS reached $5.75 on strong AWS cloud growth.

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

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 Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterprise artificial intelligence spending. …