Amazon Shares Slip After $17.5 Billion AI Loan, Cash Flow Pressure Before Prime Day
Amazon shares dropped 1.6% to $237.66 Friday, underperforming rising major ETFs, as investors focused on a new $17.5 billion delayed-draw loan to fund AI infrastructure, raising concerns over rising capital expenditures and shrinking free cash flow, with attention now turning to Prime Day on June 23–26 and upcoming Q2 results for signs of revenue growth and margin impact.