The Week After: How has Amazon performed since Q2 earnings?

Amazon (NASDAQ:AMZN) reported earnings exactly a week ago, with the stock still down 4.7% since its latest quarterly results. There were fears over AMZN’s outlook amid big spending on the AI arms race, but a comeback has taken place over the past five sessions. Check out the recent share movement below:

SA commentary: “Amazon’s Q2 was a blowout, crushing revenue and EPS estimates, yet the market overreacted,” SA Analyst Steven Fiorillo wrote in The Dip Doesn’t Matter As It’s A Huge Opportunity. “Amazon remains undervalued with 48% expected EPS growth over the next two years… operational excellence, AI and robotics integration, and margin expansion potential position it for sustained growth and profitability.”