Nearly $240bn has been wiped off Amazon’s value as investors grow anxious over the eye-watering sums Wall Street is pouring into AI. Shares in the e-commerce giant plunged 10% at
Markets look to recover as Wall Street eyes bounce after sell-off
US stock indexes were set to open higher after a bruising sell-off in technology shares, though Amazon fell 7.5% in premarket trading after signalling a sharp increase in AI-related spending.