Jul 30, 2026 · 11 min
Amazon cloud strength offsets weak outlook as Rivian beats expectations
Amazon & Rivian Deliver Upbeat Earnings, Coinbase Falls
Corporate earnings reports reveal how heavy spending on artificial intelligence and shifting consumer demand are reshaping tech and automotive valuations.
- 1Amazon delivered robust second-quarter net sales fueled by AWS cloud performance but issued a soft third-quarter outlook.
- 2Rivian posted upbeat earnings and positive momentum supported by its latest electric SUV deliveries.
- 3Coinbase and Reddit faced downward pressure following revenue misses and shifting transaction volumes.
Don't miss
The breakdown of Amazon's massive capital expenditure on artificial intelligence and its direct impact on AWS growth.
The brief
Tech and EV earnings are colliding at the closing bell, revealing divergent paths for giants like Amazon and emerging players like Rivian as they navigate shifting market demands and heavy infrastructure spending.
Amazon delivered a strong second quarter driven by robust AWS cloud performance, yet its weaker-than-expected third-quarter outlook and massive capital expenditure on artificial intelligence are keeping investors cautious.
In the broader market, electric vehicle maker Rivian posted upbeat results alongside new SUV deliveries, while Coinbase and Reddit faced pressure following revenue misses and shifting transaction volumes.
What was said on this episode
11 statements · 8 positive · 2 negative · 1 neutral
Amazon says an AWS unit exceeds a $25 billion annual revenue run rate.
“Amazon is saying that it is that it's exceeding $25 billion annual revenue run rate for a W S a unit.”
Listen at 4:26
Amazon’s engineering teams aim to deploy agentic AI solutions in days, not months.
“to co develop and deploy agentic AI solutions in days rather than months.”
Listen at 5:15
Amazon has issued $62 billion of US bonds this year.
“the company has sold $62 billion of bonds in the US this year.”
Listen at 5:48
Rivian’s second-quarter revenue exceeded analyst expectations at $1.66 billion.
“Second quarter revenue folks a little bit better than street was looking for 1.66 billion.”
Listen at 6:34
Rivian delivered 12,194 vehicles in the second quarter, above estimates.
“Second quarter vehicles delivered 12,001 94. The street estimate was for less than that of about 11,471.”
Listen at 6:48
Rivian maintains full-year delivery guidance of 65,000–70,000 vehicles.
“still sees fiscal year vehicles delivered 65,000 to 70”
Listen at 6:58
Coinbase’s Q2 transaction revenue was below estimates at $599 million.
“They are a well Below street estimates $599 million for Coinbase to Q transaction revenue.”
Listen at 7:21
Depressed crypto prices, particularly Bitcoin, reduced trading activity.
“with the price of crypto, particularly bitcoin, depressed that that was weighing on trading activity.”
Listen at 7:43
Reddit’s third-quarter revenue forecast exceeded analyst estimates.
“Third quarter revenue forecast beating estimates.”
Listen at 8:09
Reddit forecasts third-quarter revenue of $860–870 million.
“They do see revenue 860 million to 870 million.”
Listen at 8:12
Reddit’s second-quarter revenue beat estimates and rose 61% year over year.
“The second quarter revenue also beat estimates up 61% year over year.”
Listen at 8:24
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Amazon.com, Inc.
Coinbase Global, Inc.
Reddit
Artificial IntelligenceListen to the full episode and explore every guest, topic, and moment on PodLume.