Amazon's AI spending plans keep stock from joining tech rebound

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain More than any of the megacap technology stocks, Amazon.com Inc.'s big spending ways are coming at the expense of profits, and its shares are being punished as a result. Amazon's stock performance has lagged its megacap peers since its earnings report at the beginning of August, when the e-com ...