Amazon is trading at $244.64 (-3.91%) as broader tech weakness weighs on sentiment.
- Reuters reported Alphabet’s post-earnings decline pulled Nasdaq futures lower; the Nasdaq was down 1.44%.
- Investors are assessing mixed AI-related earnings and awaiting Amazon’s report after the close, with AWS growth and spending in focus.
- Available reporting points to wider market pressure and pre-earnings positioning, not a confirmed Amazon-specific announcement explaining the decline.