After Microsoft, Amazon Becomes the Second Magnificent Seven Company to Enter a Bear Market
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Gelonghui, February 14th｜According to Yicai, this week, concerns over excessive AI spending continue to linger in the market. Investors are strongly resisting the aggressive artificial intelligence investment plans of tech giants, resulting in a significant drop in the stock prices of the "Magnificent Seven." Amazon's stock price has continued to decline, and Wall Street is worried that large-scale investments will make Amazon the first cloud business giant to have negative free cash flow by 2026.
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