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Amazon Share Price Dips Amid Rising AI Spending

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AMZN
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Amazon's share price closed at $249.38 on September 24, 2026, marking a slight decline from its previous session.

The company reported second-quarter revenue of $200.6 billion, with AWS revenue increasing 37% year over year to reach $42.2 billion.

Amazon is investing heavily in AI infrastructure, raising its 2026 capital expenditure outlook to about $220 billion and balancing infrastructure expansion with cash generation.

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