According to The Kobeissi Letter, the S&P 500 experienced an abrupt 50-point drop within the final 10 minutes of trading, despite lacking any major news catalyst during that period. Notably, Amazon ($AMZN) shares fell over 6% shortly after, following a report of weaker-than-expected Q2 operating income. This sharp late-session volatility signals heightened risk for day traders and algorithmic trading strategies, as rapid, unexplained swings can trigger stop-losses and increase short-term market uncertainty. Traders should closely monitor after-hours earnings releases and institutional order flows for potential spillover effects in futures and correlated tech stocks (Source: The Kobeissi Letter on Twitter, May 1, 2025).

According to The Kobeissi Letter, Amazon stock ($AMZN) fell more than 5% immediately after the company released its Q1 2025 earnings report. This sharp decline highlights increased selling pressure and signals potential volatility for short-term traders. The earnings results appear to have missed market expectations, prompting bearish sentiment and heightened trading activity in both equity and options markets (Source: The Kobeissi Letter on Twitter, May 1, 2025). Traders should closely monitor key support levels and watch for potential rebounds or further downside momentum in the near term.