🔴 Amazon is trading 3.58% down today as disappointing tech results revive AI-spending concerns

Amazon is trading 3.58% down at ARS 2827.50 on October 29, 2026, amid technology-share weakness and renewed concerns about AI spending and returns.

• The Nasdaq Composite is down 1.33%. Bloomberg reports disappointing results from other tech heavyweights have revived concerns about AI spending and returns.
• Amazon’s third-quarter results are due after market close, with investors focused on whether AI investment is translating into returns.