Amazon joins Google, Microsoft in cloud weakness, shares slide 3%
Amazon.com shares fell 3.72% to $229.95 on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns that Big Tech’s massive artificial intelligence investments were taking longer to deliver returns. Alphabet’s shares were down 2.87% at $187.77 while Microsoft was trading 1.02% lower at $411.56. The results echoed the slowdown at Microsoft…