Heavy Investor Searches Hit Amazon Ahead of Q2 Earnings Despite 4.4% Drop

Investor interest in Amazon surged as of July 3, with analysts maintaining Q2 EPS estimates at $1.82 and full-year EPS at $8.86. Shares have fallen 4.4% over the past month, underperforming the S&P 500's -1.7% decline. On July 1, AMZN had closed at $241.70 after gaining 1.41% while the broader market slipped. Revenue forecasts show 17.4% quarterly growth to $196.9 billion and 15.3% annual growth to $826.36 billion. Zacks assigns a Hold rating, suggesting the stock may track the market near term ahead of the earnings release.