Amazon Stock Faces Regulatory Challenge But Still Seen as Strong Holiday Play Despite Slowing Cloud Growth
- Amazon faces antitrust battle with FTC lawsuit, but Wall Street remains bullish
- Holiday hiring surge signals Amazon expects busy shopping season
- AWS cloud growth stabilizing; AI investments key to competing with Microsoft
- Earnings, sales beat expectations in Q2; advertising revenue up 22%
- Technical ratings improving, but stock remains 28% below 2021 peak
