Amazon’s stock is underperforming compared to the tech-heavy Nasdaq 100, primarily due to slower growth in its cloud-computing business, AWS. While other tech giants are benefiting from the AI boom, Amazon’s diverse business portfolio is now seen as a drag on its stock price. Despite this, many analysts remain confident in Amazon’s long-term potential and AI investments. Post navigation Stock market: Nifty50 opens in red; BSE Sensex down over 100 points August rain fury: Mumbai reels under record showers; flights, local trains impacted
