Amazon Shares Slide 10% as AWS Grows 28% and Fed Trims Guidance
AMZN•AMZN•AMZN•AMZN•Amazon shares have dipped 10% from their peak after a 10.33% monthly pullback, even as the company accelerates data center expansions for AI workloads. AWS posted 28% Q1 2026 revenue growth with margin gains from custom Graviton and Trainium silicon, while the Fed held rates steady and trimmed market guidance.
Amazon shares fell about 10% from their peak after a 10.33% pullback over the past month, reflecting investor caution over short-term cash flow softness and broader market volatility.
AWS revenue grew 28% year-over-year in Q1 2026 with expanding operating margins, underpinned by deployments of Graviton, Trainium, and Nitro custom silicon to optimize AI workload efficiency and control input costs.
The Federal Reserve held interest rates steady at its June 2026 meeting and trimmed market guidance, reducing forward disclosure and adding uncertainty to Amazon’s financing costs for its aggressive capital expenditures.
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