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Amazon (AMZN) Tumbles as AWS Growth Lags; Retail and Ads Cushion Impact

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The Story

News Summary

  • Amazon's AWS growth slowed to 17% YoY, trailing Microsoft and Google, while retail strength, Prime penetration, ad revenue growth and warehouse robotics support margins.
  • High capex and macro risks keep valuation and long-term upside uncertain.
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AMZN price history

249.15 +8.72% over the displayed period

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