Amazon Stock Falls on Slowing Cloud Growth, But Long-Term Opportunity Remains

Alphabet's earnings disappointed investors, causing Amazon's stock to fall as investors worry about cloud spending.

But Microsoft's Azure growth suggests demand for cloud services remains strong overall.

Amazon Web Services growth has slowed this year as customers reduce spending amid uncertainty.

Long-term, the cloud market is still early and growing, presenting opportunity for Amazon.

With huge amounts of data, Amazon is well positioned to capitalize on AI trends in the cloud.