Amazon’s AI Ambitions and Tariff Troubles: A Stock Analysis
Amazon ( (AMZN) ) has been popular among investors this week. Here is a recap of the key news on this stock.
Amazon (AMZN) is navigating a challenging landscape as it faces the dual pressures of massive investments in artificial intelligence and the impact of heightened tariffs on Chinese imports. CEO Andy Jassy has expressed confidence in the long-term benefits of AI investments, projecting over $100 billion in spending on AI and data center infrastructure by 2025, primarily focusing on Amazon Web Services (AWS). Despite this bullish outlook, analysts have lowered their price targets for Amazon’s stock, factoring in the potential impact of tariffs, which could increase prices and affect consumer spending.
In addition to the AI…