"Shares of Amazon.com Inc. (NASDAQ:AMZN) lost 0.09% over the past five trading sessions after losing 0.15% the five prior. The stock continues to struggle in 2025. A tech sell-off in early August saw AMZN fall by nearly 10% in one day, and more recently, the Oct. 10 sell-off sent the stock down by nearly 5%. The e-commerce and cloud storage solutions giant finds itself in the red this year with a year-to-date loss of 2.39%. Over the past year, Amazon is up 13.69%."
"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."
"In October, the company debuted a line of branded Amazon Grocery products - the majority are priced under $5 - to go along with its same-day grocery delivery, which was announced in August. 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."
Shares of Amazon slipped modestly in recent five-session periods and are down 2.39% year-to-date while up 13.69% over the past year. Single-day sell-offs drove sharp moves, including a nearly 10% drop in early August and a nearly 5% decline on Oct. 10. Amazon launched branded Amazon Grocery items (mostly under $5) and expanded same-day grocery delivery. Founder Jeff Bezos sold nearly 3 million shares in July as part of a plan to unload up to 25 million shares through May 2026. Amazon deployed its 1 millionth robot and an AI foundation model for 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 AI-related capital expenditures.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]