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Amazon (AMZN) Shares Tumble on Hefty AI Capex Plans Raising Profitability Concerns

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Amazon shares fell 8% premarket amid concerns over massive AI-driven capital expenditures exceeding expectations, raising doubts about near-term returns and squeezing tech profit margins.
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AMZN price history

256.78 +13.48% over the displayed period

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