Amazon Stock Plummets as AI Spending Concerns Intensify Ahead of Q2 Earnings
Amazon's stock price has fallen sharply ahead of its July 30 earnings report due to concerns over AI spending, regulatory scrutiny, and weakening cash flow.
Investors are questioning whether Amazon's aggressive investment strategy in AI and cloud infrastructure will generate sufficient returns to justify the scale of investment.
The company is facing increased regulatory pressure, including investigations into potential misconduct involving Chinese influence on its online marketplace.