In recent months $AMZN (-0.31%) it has experienced ups and downs. After a bright start in 2025, it lost about 8 percent in the latest period. Second quarter results were solid (revenues and earnings above expectations), but forecasts for the next quarter and huge spending on AI and infrastructure (up to $120 billion in 2025) have cooled enthusiasm. $AMZN (-0.31%) grows, but less than competitors such as $MSFT (+0.2%) . Bezos sold some of his shares, increasing pressure on the stock. Is this a simple technical retracement or a signal not to be ignored? What do you think: Does Amazon remain a behemoth to ride or is it entering a new phase of challenge?
