Something interesting is happening at the intersection of Amazon.com Inc.'s (NASDAQ: AMZN) growth story and the broader AI investment boom, and equity investors would be wise to pay attention.
Shares of Amazon are trading just below $250, up around 8% from the end of June, but still well below the May high of almost $280. The stock has been caught in a tug-of-war between long-term believers and short-term skeptics, and the latter camp has just been served fresh evidence.
