Should You Buy Amazon and Meta Platforms Stocks Before July 29?

With Meta Platforms and Amazon scheduled to report earnings on July 29 and July 30 respectively, the article frames both stocks as buy candidates ahead of those dates. It argues that, despite underperforming over the past year, both companies remain positioned to benefit from their AI-related spending cycles and could show improving momentum when they post results. For Amazon, the focus is on AWS cloud computing and second-quarter results after the bell on July 30, alongside expectations that partnerships and its custom chip business support faster, sustainable growth. The article also cites momentum in Amazon’s e-commerce, including that Prime Day in June drove U.S. online sales up more than 9%, and that robotics and AI are improving profitability. For Meta, the discussion centers on its Q2 report after the bell on July 29 and the need to change investor sentiment around AI ambitions.