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Amazon Stock Slumps as AI Spending Concerns Mount

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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 the sustainability of Amazon's aggressive investment strategy in AI and cloud infrastructure amidst rising competition.

The company is facing increased regulatory scrutiny, including investigations into potential misconduct involving Chinese influence on its online marketplace.

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