"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 fell 1.56% over the past five trading sessions after a prior 1.94% decline, while remaining up 4.08% year-to-date and 18.22% over the past year. The company will begin offering same-day grocery delivery. Jeff Bezos sold nearly 3 million shares worth $665.8 million as part of a plan to sell up to 25 million shares through May 2026. Amazon deployed its 1 millionth robot and rolled out an AI foundation model to power its robotic fleet, with analysts calling the robotics cycle early and noting potential labor and cost savings. Q2 net sales rose 13% to $167.7 billion and net income increased to $18.2 billion, while trailing twelve-month free cash flow declined to $18.2 billion from $53.0 billion due to substantial AI-related capital expenditures. Analysts adjusted price targets in June and July.
Read at 24/7 Wall St.
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