Amazon Stock Slips Below Key Level As Google Sets Tone For Hefty AI Spending
Licensing
03:24 PM ET 07/23/2026
Amazon (AMZN) stock dipped below its 200-day moving average line in Thursday trading as fears about AI spending once again took hold on Wall Street. Shares of cloud hyperscalers fell Thursday, following Google parent company Alphabet's (GOOGL) second-quarter earnings report. Google hiked its 2026 capital spending guidance to a range of $195 billion to $205 billion, up from $180 billion…















