Amazon Earnings Preview: Traders Anticipate 6% Stock Swing Amid Cloud Investment Focus
Amazon shares face a pivotal moment as options markets price in a 6% move following Thursday's earnings report. The tech giant's $2.4 trillion market weight means any significant swing could Ripple through major indices—particularly as the stock trails other Magnificent Seven members with just 5% year-to-date gains.
Investors are scrutinizing two competing narratives: rising tariff costs and consumer caution versus massive AI-driven cloud infrastructure investments. July's 8% post-earnings slump serves as a cautionary tale after AWS growth disappointed, though the stock has averaged 4.7% moves after recent reports.