"Shares of Amazon.com Inc. (NASDAQ: AMZN) lost 0.81% over the past five trading sessions after gaining 7.35% the five prior. The stock looks to have turned a corner after struggling for most of 2025. After reporting Q3 earnings on Oct. 30, AMZN hit its first all-time high since February. On the year, Amazon is up 12.80% and it has gained 20.09% 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. Concerns about the company's enormous AI CapEx remain, but after the Q3 earnings call, the stock was rewarded by bullish investors."
"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."
Amazon shares recovered after Q3 results and recent gains, reaching an all-time high since February and returning to positive year-to-date performance. The company reported EPS of $1.95 and revenue of $180.17 billion, with AWS contributing $33 billion and advertising $17.7 billion. Large planned AI capital expenditures and investor concern about costs coexist with bullish reactions to the earnings. Leaked plans to automate jobs with robots aim to replace about 600,000 positions and reduce per-item costs by $0.30 by 2027. New initiatives include deployment of the one-millionth robot, an AI foundation model for robotics, and a line of low-priced grocery products.
Read at 24/7 Wall St.
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