What Wall Street expects from Amazon and Apple earnings after the bell

Investors are eagerly awaiting earnings reports from tech giants Apple and Amazon, as they face key litmus tests on Wall Street. Despite topping estimates, both companies saw their stock prices fall due to concerns over capex plans and AI-related costs. Analysts are particularly interested in signs of a payoff from hefty investments, the acceleration of Amazon Web Services growth, and the demand for Apple’s latest iPhone model. While some analysts are optimistic about the potential for growth in AWS and Apple Intelligence, others have expressed concerns over iPhone demand and shipment expectations. Overall, Wall Street remains cautious but hopeful about the future performance of these megacap companies.