"Shares of Amazon.com Inc. (NASDAQ: AMZN) gained 2.48% over the past five trading sessions after losing 1.38% 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 3.74%, but over the past year, shares have only gained 1.50%."
"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's shares rebounded recently after prior declines but were affected by an AI-driven market sell-off, leaving the stock modestly positive year-to-date and slightly higher over twelve months. Q3 results beat estimates with EPS of $1.95 versus an estimated $15.7 and revenue of $180.17 billion versus $177.80 billion estimated; AWS revenue was $33 billion and advertising revenue was $17.7 billion. Management faces scrutiny over large AI capital expenditures and automation plans that could replace about 600,000 jobs and cut per-item costs by 30 cents by 2027. The company deployed its one millionth robot, launched low-priced Amazon Grocery products, and founder Jeff Bezos sold nearly 3 million shares as part of a broader selling plan.
Read at 24/7 Wall St.
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