Amazon Shares Sink on Outlook. Is This a Buying Opportunity in the Stock?

Shares of Amazon (NASDAQ: AMZN) slipped as investors were disappointed with the company's first-quarter revenue forecast. However, the company remains very upbeat about its opportunities in artificial intelligence (AI), calling it a once-in-a-lifetime opportunity and the biggest technological shift since the advent of the internet. Amazon' stock is still up about 35% over the past year, as of this writing.Let's dive into the company's fourth-quarter results and guidance to see if this is a good opportunity to buy the stock on the dip.Amazon made no qualms that it plans to continue to invest heavily in AI. It said it would spend around $100 billion in capital expenditures (capex) this year, most of which would go toward AI infrastructure. Meanwhile, it said AI inference costs coming down would just fuel more AI infrastructure spending. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool