Amzn stock futures traded sideways

AMZN stock futures traded sideways, with traders awaiting U.S. retail sales data. Strong macro numbers could lift consumer discretionary stocks, including Amazon. Technical charts show consolidation above the 50-day moving average, a pattern often preceding breakout moves in high-liquidity equities. One presumption here is that analysts may be taking note of how AI is streamlining Amazon’s operations, and at 32X forward earnings, AMZN can certainly justify a modest premium to the benchmark S&P 500’s 25X with double-digit EPS growth in the forecast for the foreseeable future. European stocks fell on Friday after President Trump confirmed new tariff rates, including a 15% tariff rate on goods from the European Union and a 10% rate for the UK. AMZN stock futures stayed flat during low-volume pre-market trade, with technical support holding at $