Stock Market Today, Feb. 17: Amazon Rises After Nine-Day Slide Ends on AI Investment Reassessment

Amazon (NASDAQ:AMZN), online retail, cloud services, and digital streaming leader, closed Tuesday at $201.15, up 1.19% after snapping a nine-day losing streak tied to concerns over its planned $200 billion AI investment program. The stock’s rebound is coming as coverage highlights the outsized profit contribution from Amazon Web Services and investors are watching how future AI-related capital spending shapes growth and margins.Trading volume reached 67.9 million shares, coming in about 43% above compared w ...