"Shares of Amazon.com Inc. (NASDAQ: AMZN) lost 1.38% over the past five trading sessions after losing 1.43% the five prior. Despite having turned a corner after struggling for most of 2025, Amazon was caught up in the broad market's AI-induced sell-off, which began in late October and carried through November as concerns about a bubble persist. Still, the stock is in the green this year with a gain of 2.71%, but over the past year, shares have slid 2.89%."
"The earnings report beat on top and bottom lines, with EPS of $1.95 vs. an estimated $15.7, and revenue of $180.17 vs. $177.80 estimated. Meanwhile, revenue from Amazon Web Services was $33 billion and revenue from advertising was $17.7 billion. Concerns about the company's enormous AI CapEx remain, but after the Q3 earnings call, the stock was rewarded by bullish investors."
Amazon experienced recent short-term share declines driven by an AI-induced market sell-off, though the stock remains slightly positive year-to-date. The company reported stronger-than-expected Q3 results with EPS of $1.95 and revenue of $180.17 billion, while AWS generated $33 billion and advertising revenue reached $17.7 billion. Management continues heavy AI capital expenditures even as concerns persist about the scale and cost of that spending. Leaked plans indicate a goal to replace roughly 600,000 jobs with robots and to cut per-item costs by 30 cents by 2027. The company expanded branded grocery offerings and same-day delivery, while founder Jeff Bezos has sold substantial shares.
Read at 24/7 Wall St.
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