Amazon: Thanks For This Dip

Core Viewpoint - Amazon.com, Inc. (AMZN) experienced an 8% decline in stock price following its second-quarter earnings presentation, primarily due to concerns regarding increasing competition in the artificial intelligence sector [1] Group 1: Company Performance - The stock price of Amazon.com, Inc. (AMZN) fell by 8% after the release of its second-quarter earnings [1] Group 2: Industry Context - The decline in Amazon's stock is attributed to worries about intensifying competition in the field of artificial intelligence [1]