Amazon and Apple Report Earnings July 30 as Investors Watch AI Spending

Amazon and Apple were among the major companies reporting quarterly earnings on July 30, 2026, as investors closely watched capital expenditure figures related to artificial intelligence.

Amazon has committed to approximately 200 billion dollars in AI infrastructure spending for 2026, the largest single-year infrastructure investment in corporate history. Amazon Web Services grew revenue 28 percent year-over-year to 37.59 billion dollars in the first quarter of 2026, its fastest growth pace in 15 quarters. Investors were watching whether that momentum continued into the second quarter.

Apple's earnings were also closely watched. The company has faced scrutiny in Europe over delays to Siri AI features, which it attributed to the Digital Markets Act. Investors wanted to see whether AI-related product updates are driving hardware sales.

Mastercard, Regeneron Pharmaceuticals, and Coinbase Global were also scheduled to report on July 30, 2026.

The earnings season has been a relative bright spot in an otherwise volatile market. Through July 29, 2026, 85.2 percent of reporting S&P 500 companies beat earnings estimates. However, investor sentiment has been sensitive to concerns that high capital expenditures on AI and data centers may be diverting funds from shareholder returns like dividends and buybacks.

The broader market fell sharply on July 29, with the Dow dropping 1,153 points after the Federal Reserve held rates steady and oil prices surged on Middle East tensions. Earnings results from Amazon and Apple were expected to influence whether markets stabilized or continued lower on July 30.