Amazon Stock Looks to Snap 6-Week Win Streak

Amazon.com Inc (NASDAQ:AMZN) stock is down 6.4% to trade at $219.15 at last check, despite better-than-expected second-quarter results, after the e-commerce giant issued a lackluster operating income outlook for the current quarter. The company announced plans to raise spending on artificial intelligence (AI) data centers, despite revenue expansion for Amazon Web Services (AWS) leaving much to be desired.Shares are brushing off no fewer than 10 price-target hikes, including one from Rosenblatt Securities to ...