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First reported by parameter.io
Amazon (AMZN) Stock: Bets $200 Billion on AI Despite Cutting 16,000 Jobs

Amazon (NASDAQ: AMZN) steady as AWS leadership eyes AI spending

NEW YORK, July 16, 2026, 14:03 EDT U.S. markets stayed open. Amazon traded close to $256. The S&P 500 dropped 0.4%. (The Wall Street Journal) Dave Treadwell takes charge of AWS Compute and Machine…

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