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Amazon (AMZN) Slides 16% on AI Spending Surge and Tepid Profit Guidance

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The Story

News Summary

  • Amazon's stock dropped 16% over a week amid investor concerns about increased AI capital spending and cautious profit guidance, fueling debate over near-term risks and long-term growth potential.
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AMZN price history

253.54 +10.39% over the displayed period

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