Amazon Share Price Dips Amid Rising AI Spending
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.