"Shares of Amazon.com Inc. (NASDAQ: AMZN) lost 1.43% over the past five trading sessions after gaining 7.83% 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 up 4.23% year-to-date and has gained 1.52% over the past year."
"After reporting Q3 earnings on Oct. 30, AMZN hit its first all-time high since February. On the year, Amazon is up 2.27% and it has gained 11.80% over the past year. 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."
"In October, 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."
"Also last month, 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."
Amazon shares fell 1.43% over the most recent five trading sessions after a prior five-session gain of 7.83%, and remain up 4.23% year-to-date and 1.52% over the past year. Q3 results reported Oct. 30 beat expectations with EPS of $1.95 and revenue of $180.17 billion; AWS revenue was $33 billion and advertising revenue was $17.7 billion. Leaked plans aim to replace about 600,000 jobs with robots, potentially trimming costs per item by 30 cents by 2027, and the company deployed its 1 millionth robot alongside a new AI foundation model. The company also launched low-priced branded grocery items and expanded same-day delivery, while founder Jeff Bezos sold nearly 3 million shares as part of a larger share-sale plan through May 2026. Investors question whether historic growth can continue amid large AI capital expenditures and market concerns about an AI bubble.
Read at 24/7 Wall St.
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