"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."
"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. In other company news, the firm announced in July that it deployed its 1 millionth robot while also deploying its new AI foundation model to power its robotic fleet."
Shares of Amazon lost 1.94% over the past five trading sessions after gaining 4.71% the five prior, and remain up 5.11% year-to-date and 25.20% over the past year. The stock continues to recover from a near-10% one-day decline on Aug. 1. The company announced same-day grocery delivery and reported that founder Jeff Bezos sold nearly 3 million shares as part of a broader planned disposal through May 2026. Amazon deployed its 1 millionth robot and rolled out an AI foundation model for its robotic fleet. Q2 net sales rose 13% to $167.7 billion and net income increased to $18.2 billion, while free cash flow fell to $18.2 billion TTM due to ongoing CapEx on AI. Several analysts adjusted price targets in June and July.
Read at 24/7 Wall St.
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