Amazon (AMZN) Expands AI Push as Stock Eyes End to 8-Week Losing Streak
The US stock market has continued its early 2025 struggles as companies look to position themselves to benefit from an inevitable turnaround. Among them is Amazon (AMZN), which has announced a new expansion to its AI push that has the stock hoping it could put an end to its 8-week losing streak. The company is firmly entrenched as a top stock in both the AI and cloud-computing sectors. Indeed, this most recent development will see it look to increase competition with the former, as it seeks to shrug off early-year losses likely connected to the impending tariffs planned by US President Donald Trump. Source: Forbes Also Read: Amazon (AMZN) Key AWS AI Expansion Pushes Stock Up: Is It $305 Bound? Amazon Targeted Increased AI Push: Can It Overcome Market Downturn? April 2nd has been lauded by President Trump as America’s ‘Liberation Day.’ Specifically, it will see the nation integrate an aggressive economic policy that issues reciprocal tariffs on a host of nations. The ef...