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Amazon (AMZN) and Alphabet (GOOGL) Stocks Tumble on Investor Fears over AI Spending Spree

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

News Summary

  • Amazon and Alphabet shares fell sharply due to investor concerns over massive AI-related capital spending despite strong cloud growth, extending a tech selloff amid fears of an AI-driven bubble and disrupted market valuations.
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AMZN price history

253.54 +10.39% over the displayed period

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