The Story
News Summary
- The European Union is drafting legislation for the Cloud and AI Development Act, which could restrict Amazon, Microsoft, and Google from accessing critical government cloud tenders.
- The proposal mandates non-price criteria favoring EU-based technology to reduce reliance on U.S.
- cloud providers and enhance regional digital sovereignty.
Explore AMZN price history & advisor snapshot
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Stored market data
AMZN price history
256.78
+13.48% over the displayed period
Advisor Snapshot
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