Here’s How Much Traders Expect Amazon Stock to Move After Earnings – AOL

Key Takeaways

• Amazon is scheduled to report earnings after the closing bell Thursday.

• Options pricing suggests the stock is seen swinging up to 7% by the end of the week.

• Analysts expect the tech giant to post strong revenue gains, along with a small bump in profits as tech companies spend on building out AI infrastructure.

Amazon is due to report earnings Thursday afternoon, with traders expecting a big move from the e-commerce and cloud giant’s stock.

Based on current options pricing, Amazon (AMZN) shares are seen swinging up to about 7% in either direction by the end of the week. A move of that size from Tuesday’s close could lift the shares above $270, or drag them below $236.

Amazon shares are up about 10% since the start of the year, but have pulled back from their August record. The AI trade has endured a volatile stretch lately amid worries…