Amazon.com (AMZN) ‘Snapping Back’ Could Mean Its “Horrible Slide” Ends, Says Jim Cramer

Core Viewpoint - Amazon.com, Inc. (NASDAQ:AMZN) faced significant media attention due to an outage in its cloud computing division, AWS, which affected various companies like Snapchat and Coinbase. Despite concerns, the impact on Amazon's share price is expected to be temporary [2][3]. Group 1: AWS Outage Impact - The AWS outage caused operational difficulties for several firms, highlighting Amazon's substantial role in the cloud market [2]. - Jim Cramer has previously raised concerns about AWS's growth slowdown potentially linked to Amazon's reliance on in-house Trainium chips [2]. - Cramer believes that the outage will not have a lasting negative effect on Amazon's stock price [2]. Group 2: Market Sentiment and Future Outlook - Cramer noted that Amazon has faced significant criticism regarding its cloud services, but he anticipates a rebound in performance [3]. - There is a growing sentiment among some users that they may consider alternatives like Google Cloud due to AWS's recent issues [3]. - While there is potential for Amazon as an investment, some analysts suggest that AI stocks may offer better returns with lower risk [4].