Amazon stock falls as analysts say cloud growth must accelerate despite company’s optimistic forecast
Corroborated by 2 sources from 2 publishers
globalbusiness11h ago
TL;DR
Amazon’s bold cloud forecast isn’t enough to stave off a stock drop.
Sources
1
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-10-29/amazon-s-ailing-stock-needs-booming-cloud-growth-to-revive-rally
23h ago
2
MarketWatch Top Stories
https://www.marketwatch.com/story/amazons-bold-cloud-forecast-isnt-enough-to-stave-off-a-stock-drop-ee23c1bb?mod=mw_rss_topstories
10h ago