Amazon(US:AMZN) Xin Lang Cai Jing·2025-09-23 22:48Core Viewpoint - Amazon's stock has recently shown weakness, with a notable decline of 3.04% on September 23, leading to a cumulative drop of 4.65% over two trading days, reaching its lowest point since August 2025 [1] Group 1: Market Performance - Amazon's cloud computing business, AWS, has been a key growth driver, but competition from Microsoft and Google in the AI sector poses new threats [1] - Despite being labeled as a year dominated by the "Magnificent Seven," Amazon has struggled to keep pace, even falling behind Apple, which has seen a resurgence due to strong iPhone sales [1] Group 2: Legal and Regulatory Challenges - Amazon is facing multiple legal and regulatory challenges, including a trial initiated by the Federal Trade Commission (FTC) over alleged "dark patterns" in its Prime membership cancellation process, which could significantly impact its revenue [1] - The company has also filed a lawsuit against New York State, challenging new labor laws that it claims represent an unconstitutional power grab [1] Group 3: Growth Outlook - Some analysts remain optimistic about Amazon's growth prospects, citing its strong position in the e-commerce sector and the resilience of its core business despite new market challenges [2] - Amazon is adjusting its global expansion strategy, including a shift in its grocery business in the UK, where it plans to close some fresh food stores to expand its high-end Whole Foods Market [2] - The company continues to explore various retail models to strengthen its presence in the grocery sector, indicating its ongoing competitive strength in technology and e-commerce, particularly in the AWS domain [2]