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AI's 'Money-Burning' Raises Concerns: Amazon's Stock Hits Longest Losing Streak in Nearly 20 Years
1 day ago /
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Author：小编
Amazon's stock is experiencing a severe sell-off as investors express concerns over its aggressive AI spending plans. On Friday, February 14, Amazon's stock price fell by 0.41% to $198.79, marking its ninth consecutive day of decline—the longest losing streak since July 2006—with a cumulative drop of 18.2% during this period. This follows Amazon's announcement of a planned capital expenditure of $200 billion by 2026, primarily for data centers, chips, and AI infrastructure, sparking investor worries about cash flow and valuation logic.
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