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Amazon stock nears Prime Day week as AWS chip push, FTC risk come into view
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Amazon stock nears Prime Day week as AWS chip push, FTC risk come into view
Amazon closed at $244.39, up 2.9%, as investors eye Prime Day’s June 23-26 sales for signs of retail momentum and await updates on AWS’s Trainium chip, now in early talks for external data center sales, while risks include a potential FTC ad probe and high AI capex weighing on free cash flow. The post Amazon stock nears Prime Day week as AWS chip push, FTC risk come into view appeared first on TechStock².
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