Amazon has fallen after releasing its quarterly earnings report, which showed weaker-than-expected profits and sales growth compared to its cloud rivals. The company predicted operating income of $15.5 billion to $20.5 billion for the period ending in September, below analysts’ average estimate of $19.4 billion. Sales are expected to be between $174 billion and $179.5 billion, a significant drop from the projected $173.2 billion.
Source: https://www.bloomberg.com/news/articles/2025-07-31/amazon-projects-profit-that-underwhelms-on-expense-of-ai-race