"Shares of Amazon.com Inc. (NASDAQ:AMZN) gained 4.81% over the past five trading sessions after losing 0.09% 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 has a 1.81% year-to-date gain, and over the past year, Amazon is up 19.01%."
"This month, leaked documents revealed that the company is aiming to replace around 600,000 Amazon jobs with robots, with the management team estimating that the effort could trim 30 cents off each item purchased via the e-commerce giant by 2027. In July, the company 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's shares rose 4.81% over the past five trading sessions after a prior 0.09% decline, while the stock remains pressured in 2025 with single-day sell-offs in early August and Oct. 10. Year-to-date gain is 1.81% and one-year return is 19.01%. Leaked documents indicate plans to replace around 600,000 jobs with robots to cut about $0.30 per item by 2027, alongside deployment of the 1 millionth robot and a new AI foundation model. Q2 net sales increased 13% to $167.7 billion and net income rose to $18.2 billion, while trailing-12-month free cash flow fell to $18.2 billion due to AI CapEx. New Amazon Grocery products, same-day grocery delivery, analyst price-target adjustments, and Jeff Bezos's share sales factor into near-term investor considerations ahead of Oct. 30 earnings.
Read at 24/7 Wall St.
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