What’s Going On With Amazon Shares

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by roughly 1.65% to $133.28 Thursday morning session amid broader tech sector weakness. Shares of several tech stocks, including Amazon, initially traded higher in sympathy with NVIDIA during Wednesday’s after-hours session, which reported strong second-quarter financial results and third-quarter guidance. Amazon Web Services (AWS) is a leader in cloud computing services. NVIDIA’s strong performance in the AI sector can indicate a growing demand for AI-related technologies and solutions. Since AWS offers various AI services, positive res…

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