Amazon's $7.738 Billion Trading Volume Lands Fourth in Market Activity as Earnings Report Looms
On April 29, 2025, amazon (AMZN) closed with a trading volume of $7.738 billion, ranking fourth in the day's market activity. The stock price decreased by 0.17%, marking the second consecutive day of decline, with a total decrease of 0.85% over the past two days.
Amazon is set to release its first-quarter earnings report on Thursday, with investors eager to gain insights into the impact of tariffs on the e-commerce giant. The company has been under scrutiny from the White House following reports that it planned to display prices showing the impact of tariffs on its products. Amazon has since denied these plans, stating that it is not pursuing such a strategy.
Analysts anticipate that Amazon will report earnings of $1.36 per share and revenue of approximately $155 billion for the first quarter. The company has been focusing on maintaining low prices in the face of tariffs, similar to its competitors Walmart and Target. The earnings report will provide crucial information on how tariffs are affecting Amazon's e-commerce and cloud computing businesses.
Despite the recent tariff-related controversies, Amazon's stock has shown resilience, recovering from initial declines. The company's performance in the first quarter will be closely watched by investors and analysts alike, as it navigates the challenges posed by tariffs and other market dynamics.