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Amazon Slides as Earnings Report Nears

Original: amazon earnings

Amazon shares fell about 3% ahead of its quarterly earnings, with investors focused on the cloud business as Alphabet's 12% plunge raised pressure on the sector. Alphabet's steep drop fueled concerns about AI spending and cloud growth, putting the spotlight on Amazon's upcoming report. Meta rose 3% while Microsoft pulled back amid the turbulence.

Why now: Investors are nervous about Big Tech cloud and AI performance ahead of Amazon's earnings report.

AmazonAlphabetMetaMicrosoftAWS

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