Big tech company Amazon's stock price has gone down recently! This is happening because people are worried about the economy and a possible recession. Amazon's cloud computing business, called AWS, also isn't growing as fast as expected.
- Amazon's stock price is lower than it has been in a while.
- Investors are concerned about a possible economic slowdown.
- Amazon's AWS cloud service growth is slowing down.
- Other tech companies are also seeing their stock prices drop.
Stock | Change |
---|---|
Amazon (AMZN) | Down 16.5% in the last month |
Dow Jones | Down 2.1% on Monday |
Nasdaq | Down 11% in the last month |