Amazon and Meta are poised to drop big Q2 earnings reports, and now could be the perfect time to buy before the numbers hit. Amazon is aggressively investing in AI infrastructure, fueling AWS cloud growth with new deals and custom chips, while its online store and Prime Day sales are set to deliver strong results. Meta is expanding its cloud ambitions with massive computing leases and a custom chip to slash costs, while its AI-driven ads are boosting revenue and user engagement—especially as it prepares to roll out ads on WhatsApp and Threads. Both stocks look undervalued with strong upside potential, making this a compelling short- and long-term opportunity.
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