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Amazon (AMZN) and Alphabet (GOOGL) Shares Dive on Massive AI Spending Plans Spark Investor Concern

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

News Summary

  • Amazon and Alphabet shares plunged due to massive AI infrastructure spending, raising investor concerns.
  • Broader market recovered late-week amid strong earnings and sector rotation away from tech towards physical goods.
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AMZN price history

256.78 +13.48% over the displayed period

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