Amazon Stock Plunges Amid AI Spending Concerns
Amazon's stock price has been under pressure 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 scrutiny, including investigations into potential misconduct involving Chinese influence on its online marketplace.