Amazon's Stock Falling Due to Earnings Concerns and Cloud Performance

Amazon's stock is falling as investors are worried about the company's earnings trend, particularly related to its cloud business. Amazon Web Services (AWS) did not show the same growth acceleration as its competitors, raising questions about the returns on Amazon's high AI spending. The company's quarterly cash capital expenditures are increasing, leading to concerns about the return on investment. Despite upbeat results in the retail business, the focus on cloud performance overshadowed the positive outcomes.