e-commerce giant’s stock faces growth hurdles By Investing.com
Amazon.com, Inc. (NASDAQ:) continues to dominate the e-commerce and cloud computing landscapes, but the tech giant faces mounting challenges as it seeks to maintain its robust growth trajectory. Recent analyst reports paint a picture of a company leveraging its strengths in retail and cloud services while grappling with intensifying competition and regulatory scrutiny.
Retail Resilience Amid Headwinds
Amazon’s core retail business has demonstrated resilience in the face of economic headwinds. The company’s U.S. sales of apparel and footwear exceeded $68 billion in 2023, capturing a 13.2% share of all apparel sold in the U.S. and a 41.4% share of all apparel sold online. Analysts project continued growth in Amazon’s softlines business,…
