<p class="ingestion featured-caption">Amazon CEO Andy JassyREUTERS/Mike Blake; Chelsea Jia Feng/BI</p><ul class="summary-list"><li>Amazon reports second-quarter earnings after the closing bell on Thursday.</li><li>Investors expect solid growth in both Amazon's AWS cloud unit and its massive retail operation.</li></ul><p><a target="_blank" class href="https://markets.businessinsider.com/stocks/amzn-stock">Amazon</a> will report second-quarter earnings on Thursday after the closing bell.</p><p>Top of mind for investors will be any commentary on Amazon's <a target="_blank" rel class href="https://www.businessinsider.com/guides/deals/amazon-prime-day"><u>recent Prime Day sales event,</u></a> as well as the growth rate of its advertising business and whether its AWS cloud unit is still the leader in the space.</p><p><a target="_blank" rel="noopener" class href="https://markets.businessinsider.com/stocks/amzn-stock"><u>Amazon's stock</u></a> was up 23% year-to-date through Wednesday's close, outpacing the the <a target="_blank" rel="noopener" href="https://markets.businessinsider.com/index/s&p_500"><u>S&P 500</u></a>'s 16% gain.</p>