Amazon Details Cloud AI Game Plan. Why Its Stock Could Be ‘Different AI Winner.’

Wall Street analysts liked what they heard from Amazon’s (AMZN) cloud business leader on Tuesday as he detailed the tech giant’s AI game plan in a battle against Microsoft (MSFT) and Google parent Alphabet (GOOGL). Amazon stock edged lower Wednesday, following a slight boost on Tuesday. “As expected, the keynote was a nonevent for the stock, but we think several…