Amazon Shares Get Back to Their Winning Ways

An employee enters the Amazon.com Inc. fulfillment center in Sydney, Australia, on Tuesday, July 5, 2022. Amazon.com Inc. became the third US tech giant to be subject to Germany's tough new antitrust rules targeting the dominance of a handful of powerful digital firms, and will also face a separate probe in the UK.

Amazon.com Inc. shares are back in a familiar role of outperforming after an ugly first half of 2022, even as investors brace for a slowdown in growth at the e-commerce and cloud computing giant.