Amazon’s AI strategy came into sharper focus as AWS-led spending plans highlighted the scale of its long-term cloud ambitions.
Today’s Change
(-0.80%) $-1.67
Current Price
$207.05
Amazon (AMZN 0.80%), online marketplace and cloud leader, closed Tuesday at $206.9, down 0.84%. The stock moved lower during the regular session as investors continued weighing Amazon’s roughly $200 billion 2026 capex plan and heavy AWS AI spending against robust recent cloud growth and AI content-licensing initiatives investors are watching.
The company’s trading volume reached 66.3 million shares, which is roughly 47% above compared with its three-month average of 45 million shares. Amazon went public in 1997 and has grown 211201% since its IPO.
How the markets moved today
The broader U.S. markets finished weaker on Tuesday, with the S&P 500 (SNPINDEX: ^GSPC) closing down 0.33%…