"Shares of Amazon.com Inc. (NASDAQ:AMZN) lost 2.94% over the past five trading sessions after losing 1.56% the five prior. The stock continues to struggle in the aftermath of tech's early August sell-off that saw AMZN fall by nearly 10% in one day. Still, the e-commerce and cloud storage solutions giant finds itself in the green this year with a year-to-date gain of 0.41%. Over the past year, Amazon is up 18.67%."
"On July 8, it was reported that Amazon founder Jeff Bezos sold nearly 3 million shares worth $665.8 million over two days in July as part of a plan announced earlier in 2025 that will see Bezos unload up to 25 million shares through May 2026. In other company news, the firm announced in July that it deployed its 1 millionth robot while also deploying its new AI foundation model to power its robotic fleet."
"When Amazon released its Q2 earnings on July 31, it reported that net sales increased 13% to $167.7 billion in the second quarter, compared with $148.0 billion in the year-prior quarter. Net income increased to $18.2 billion, or $1.68 per diluted share, compared with $13.5 billion, or $1.26 per diluted share, in Q2 2024. However, free cash flow decreased to $18.2 billion TTM, compared with $53.0 billion TTM the year prior due to Amazon's ongoing CapEx on AI."
Amazon shares fell 2.94% over the past five trading sessions following a 1.56% decline the prior five sessions and a nearly 10% one-day drop during early August. The stock is up 0.41% year-to-date and 18.67% over the past year. The company will begin offering same-day grocery delivery. Jeff Bezos sold nearly 3 million shares worth $665.8 million as part of a plan to unload up to 25 million shares through May 2026. Amazon deployed its 1 millionth robot and launched a new AI foundation model to power its robotic fleet. Q2 net sales rose 13% to $167.7 billion and net income increased to $18.2 billion, while trailing twelve-month free cash flow fell to $18.2 billion from $53.0 billion due to ongoing CapEx on AI. Analysts adjusted price targets in June and July.
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