Amazon Faces Stock Pressure as Tariff Headwinds & AI Growth Concerns Mount
Amazon’s shares have recently slid as tariff impacts and competitive pressure in AI/cloud weigh on investor sentiment. CEO Andy Jassy confirmed that U.S. tariffs on imported goods are beginning to creep into pricing, pushing costs higher for sellers and starting to affect Amazon’s platform economics. This tariff noise has contributed to share weakness alongside broader tech sell‑offs tied to geopolitical trade tension.
At the same time, growth concerns around AWS and AI infrastructure execution — including slower cloud momentum relative to peers — have dampened bullish narratives that once underpinned Amazon’s valuation. Analysts have noted Amazon’s stock lagging broader indexes due to a mix of tariff costs, competitive AI positioning, and mixed earnings outlooks.
Key takeaway: Rising costs from trade policy and tougher AI/cloud competition are pressing Amazon’s stock downward, even as the company pushes forward with long‑term innovation.