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Amazon (AMZN) Dips Ahead of Earnings Amid AI Spending Concerns and Retail Competition

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The Story

News Summary

  • Amazon shares dropped nearly 4% ahead of its Q4 earnings report due to heavy AI spending concerns amid a broader AI selloff.
  • Analysts expect strong EPS and revenue growth with increased physical store sales, facing competition from Walmart.
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AMZN price history

256.78 +13.48% over the displayed period

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