Amazon AMZN) stock is under pressure following the e-commerce and cloud computing giant's third-quarter earnings release on Thursday evening, which fell short of Wall Street's top-and bottom-line expectations. Like Alphabet GOOGL), Amazon disappointed investors as concerns about massive artificial intelligence spending overshadowed otherwise encouraging growth. However, AMZN's post-earnings selloff has been less severe than Alphabet's, with Amazon shares falling roughly 7% in Friday's premarket trading. Still, Amazon's accelerating AWS growth, expanding AI opportunities, and improving operating profitability raise the question of whether the pullback presents a buying opportunity.
Nous affichons publiquement l'idee principale. Creez un compte gratuit pour lire l'article complet, l'enregistrer, le commenter et le relier au contexte marches et OSINT.