Bloomberg Technology·1 min read
Amazon’s Extreme AI Spending Sends Stock to Worst Month in Years
Amazon faces backlash over AI spending

Shares of Amazon plummeted 12% in February, marking its worst month since December 2022. Investors are growing wary of the company's aggressive AI spending, which is straining its free cash flow and raising concerns about future profitability.
This downturn signals a shift in investor sentiment. As Amazon invests heavily in AI, Wall Street is questioning the timeline for returns, emphasizing the pressure on the tech giant to deliver results amidst rising operational costs.
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