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Amazon (AMZN) Tumbles as Big Tech AI Spending Spurs Sharp Sell-Off in Microsoft (MSFT) and Google (GOOGL)

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

News Summary

  • Tech stocks including Microsoft, Amazon, and Google declined sharply due to aggressive AI capital expenditures and investor skepticism about near-term returns from these heavy investments.
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AMZN price history

256.78 +13.48% over the displayed period

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