This "Minimal" Change Is a Big Deal for Amazon Stock

Amazon's (NASDAQ: AMZN) quarterly earnings release on July 31 led to a cooldown in investor sentiment, a shift that has since persisted. Shares in this "Magnificent Seven" component have been more volatile since the report's release and are effectively flat over the past three months. Concerns about the future growth of Amazon's AWS cloud computing segment have been a key factor behind this.Worries about the impact of tariffs on Amazon's legacy business have also played a role. AWS may be the tech giant's main profit center, but the North America segment, which includes the company's U.S. e-commerce business, still represents a significant portion of its overall business. During the quarter ending June 30, 2025, out of $167.7 billion in net sales, $100.1 billion, or just under 60%, came from this segment. North America also contributed $7.5 billion, or around 39%, of $19.2 billion in total operating income during the quarter.Hence, any sort of major headwind due to tariffs could severely impact future earnings. However, what if some of the latest changes in tariff policy from the Trump administration could be creating a tailwind for Amazon?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool