Jim Cramer Says Amazon “May Actually Be Reaching a Bottom”

Group 1 - Amazon.com, Inc. (NASDAQ:AMZN) is experiencing a potential bottoming phase, as indicated by its stock performance rising despite a recent Web Services outage [1] - The stock had previously faced a decline due to concerns about Amazon Web Services lagging behind Microsoft's Azure, highlighted during a conference call [1] - Analyst sentiment was negatively impacted when Amazon CEO Andy Jassy did not reassure investors about the company's spending and returns on technology investments [1] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to Amazon [2] - A report is available that identifies an undervalued AI stock that could benefit from current economic trends [2]