Amazon (AMZN) is heading into Prime Day with a simple problem and a simple opportunity. The problem is that investors still worry about big AI spending, slower consumer demand, and whether all of this infrastructure will pay off fast enough. The opportunity is that Prime Day gives Amazon a clean read on shopper demand right when the company wants to show that its retail machine, ads business, and cloud platform are still firing together.
This year’s event runs from June 23 to June 26, and Amazon is also using the moment to push its new Alexa for Shopping tool, which could make Prime Day more than just a sales event. It could become a test of how much AI can help Amazon sell.