Amazon is ripping higher today.
$AMZN up ~15% after crushing Q2 earnings.
Revenue hit $200.6B (+20%).
Operating income jumped 43%.
But the real story is AWS: +37% growth to $42.2B - its fastest pace in 18 quarters.
CEO Andy Jassy said AWS is โbooming.โ AI and custom chips businesses each crossed $25B annual run rates.
Amazon also raised 2026 capex guidance to $220B, citing strong AI demand and higher memory costs. Investors cheered the signal that the spending is backed by real customer demand.
While Apple slides on cautious guidance, Amazon is getting rewarded for accelerating cloud growth. Big difference in reactions on the same earnings day.
@MASTERBTCLTC Bitcoin went up more than 8x last cycle when alts failed to move. I'd say $BTC's first mover advantage is still very much intact. Simple maths.
@RealMattMoney Still up more than 7x even with the 54% draw down but it's starting to look juicy again.
I'll probably be adding at e.o.m but will definitely go heavier closer to the 21EMA on the monthly chart hoping for a bounce which is currently @ around $60.00.
@MASTERBTCLTC I agree that a PT of $13M $BTC by 2040 is outlandish. Thats 207x from current price.
Despite that, I remember your PT of $30-84K (681-1953x) for $LTC which you predicted would happen 5 years ago.
If you want to see outlandish, I suggest you look in the mirror.