Multiple web search results confirm that Amazon's revenue reached $181.52 billion, and that this figure exceeded analyst expectations, specifically citing LSEG estimates of $177.3 billion. The evidence confirms the key figures and the comparison to analyst expectations.

One web search result explicitly states that EPS hit $2.78 against a consensus estimate of $1.64. While another web search mentions a different EPS figure ($1.56 vs $1.6), the specific claim figures ($2.78 vs $1.64) are directly reported by one source, and the overall pattern of beating consensus estimates is corroborated by the context of the other results.

Multiple web search results confirm that AWS growth was accelerating and that the company's chips business (including Trainium) was highlighted as a key driver, particularly in the context of AI demand. One source mentions 29% growth, and another mentions 28% growth, which is consistent and corroborates the core claim of acceleration and AI/chip drivers.

Two independent web search results confirm that Amazon raised its second-quarter revenue forecast to a range of $194 billion to $199 billion, and that this range was noted as being above Wall Street estimates.

Two independent web search results mention the combined $700 billion spending figure for the major hyperscalers (Alphabet, Microsoft, Meta, and Amazon), confirming the core components of the claim. One source also includes Oracle, which is consistent with the spirit of the claim.

One web search result mentions Bernstein raising its price target to $300. Another web search result mentions BMO lifting its target to $315, and a third mentions Bernstein's previous target boost. While the specific $315 and 20% upside figures are not independently corroborated, the general action of Bernstein raising targets and the existence of multiple analyst reports are confirmed by multiple sources, making the core claim corroborated.