Ticker: AMZN | Published: 2026-09-23
Alibaba cloud threat weighs
Amazon is selling off sharply while the Nasdaq rallies strongly, pointing to stock-specific pressure, with the most concrete narrative being Alibaba's aggressive overseas cloud expansion directly challenging Amazon's high-margin AWS business.
Sources: https://news.futunn.com/en/post/1000094160/alibaba-takes-on-amazon-google-with-aggressive-overseas-cloud-ex