Stock Market Today, Feb. 17: Amazon Rises After Nine-Day Slide Ends on AI Investment Reassessment

Amazon (NASDAQ:AMZN), online retail, cloud services, and digital streaming leader, closed Tuesday at $201.15, up 1.19% after snapping a nine-day losing streak tied to concerns over its planned $200 billion AI investment program. The stock’s rebound is coming as coverage highlights the outsized profit contribution from Amazon Web Services and investors are watching how future AI-related capital spending shapes growth and margins.Trading volume reached 67.9 million shares, coming in about 43% above compared with its three-month average of 47.5 million shares. Amazon IPO'd in 1997 and has grown 205,329% since going public.The S&P 500 (SNPINDEX:^GSPC) added 0.10% to finish Tuesday at 6,843, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.14%, closing at 22,578. Within e-commerce and cloud computing, industry peers Alibaba Group (NYSE:BABA) closed at $155.43 (-0.19%) and Walmart (NASDAQ:WMT) finished at $128.85 (-3.76%), underscoring divergent reactions to growth and investment risk across sector rivals.Amazon snapped a nine-day losing streak today that had erased nearly $450 billion in market value. Investors had been reacting to Amazon’s plan for a massive $200 billion capital expenditure plan for 2026, largely driven by investments in AI infrastructure and data centers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool