Amazon Shares Drop as Investors React to Rate Jolt, AI Rally Cools
4 Articles
4 Articles
Amazon shares drop as investors react to rate jolt, AI rally cools
Amazon shares plunged 3.1% to $246.03 with over 55 million shares traded after a strong U.S. jobs report fueled fears of prolonged high interest rates, putting pressure on fast-growing tech stocks despite Amazon’s new $4 billion AWS deal with Pinterest, upgraded AI warehouse robots, and rising sales; investors weighed AWS growth and AI investments against falling free cash flow and higher capital spending. The post Amazon shares drop as investor…
The president of the United States, Donald Trump, has praised the positive data of the U.S. labor market, which in the month of May generated 179,000 new jobs, although the U.S. president has shown his discomfort at the low performance of the New York Stock Exchange after the publication of the Labor Department. «With a [...] The Trump entry celebrates the employment data in the U.S., but regrets that Wall Street does not accompany it aparece pr…
Wall Street has been surprising for weeks with a historic uphill streak, apart from the conflict in the Middle East and the heat of the good performance of the actions related to the artificial intelligence sector (AI).But it seems that optimism is running out and the market is starting to feel it.For this reason, the S&P 500 falls by 1.7% after the bell ringing, while the Dow Jones falls by 0.8%.Technologies drag to Nasdaq and collapse by 2.9%,…
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