Amazon shares slide as weak revenue outlook, AI spending rattle investors

Amazon shares slide as weak revenue outlook, AI spending rattle investors

Amazon investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit.

Amazon’s shares fell as much as 5% in…

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https://nypost.com/2025/02/06/business/amazon-shares-slide-as-weak-revenue-ai-spending-rattle-investors/