Explore the latest developments concerning Amazon says 7-yr.
Amazon stock price today: AMZN edges lower before earnings as AWS flags power delays
Amazon.com, Inc. shares (AMZN.O) edged down 0.5% to $237.44 Wednesday morning, pulling back slightly after a steady run earlier in the week as investors braced for the company’s upcoming quarterly earnings.
The mood remains tight in big tech. Software and cloud shares have dropped for six sessions straight, leaving investors to wonder if heavy AI-related spending will boost profits or just pile on costs. (Reuters)
Amazon’s earnings report on Thursday stands out as a major event for megacaps this week. While the numbers will draw attention, investors will focus even more on the tone around AWS demand and expansion plans.
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