Amazon is set to report earnings after the closing bell today, with traders expecting a big move from the e-commerce giant's stock.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) at $247.23 looks attractively priced, with a base case pointing to meaningful upside through the end of 2026.
Federal safety regulators have given Zoox a temporary exemption that will allow the Amazon-owned autonomous vehicle technology company to charge customers for rides in its custom-built robotaxi.
Amazon's Zoox won U.S. approval on Wednesday for limited commercial deployment of its novel steering-wheel-free robotaxis, a first for the autonomous ride industry, the head of the U.S. auto safety agency said.
After a choppy summer, Amazon (NASDAQ:AMZN | AMZN Price Prediction) is trading at $232.11, down 6.12% over the past week yet still holding a razor-thin 0.56% year-to-date gain.
Two of the most independent-minded money managers on Wall Street, Bill Ackman and David Tepper, arrived at the same conclusion in the first quarter of 2026: Amazon (NASDAQ:AMZN | AMZN Price Prediction) belongs at the top of the portfolio.
Amazon stock (NASDAQ: AMZN) could swing about $15 after its July 30 earnings as investors decide whether accelerating artificial-intelligence demand is beginning to justify the company's unprecedented infrastructure spending. Options prices imply a move of roughly 6% in either direction from about $231, creating a potential range near $217 to $246.
Ukraine's drone attacks on Russia's biggest online retailer Wildberries have ratcheted up the pressure on Moscow's wartime economy. Wildberries is regarded as Russia's domestic equivalent to U.S. e-commerce giant Amazon.
Kimi K3 has reignited AI cost fears and has decimated tech stocks. However, the current carnage echoes the DeepSeek disruption of early 2025.
Amazon is set to report earnings after the closing bell Thursday, with traders expecting a big move from the e-commerce giant's stock.
Subscribers to our Substack, The Contrarian Edge , received this commentary on Saturday, July 25.
AMZN heads into Q2 2026 earnings with AWS growth, Prime Day timing and ad momentum in focus as investors weigh AI spending against margins.