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Amazon (AMZN) Rebounds on Strong AWS Demand Despite AI Spending and Earnings Miss

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Amazon's stock has dropped due to heavy AI spending and an earnings miss, but strong AWS demand and a backlog surge suggest a buying opportunity with potential long-term growth.
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Stored market data

AMZN price history

253.13 +10.21% over the displayed period

Advisor Snapshot

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