Amazon.com shares rose +1.19% to close at $201.15, snapping a nine-day losing streak despite ongoing investor concerns regarding the company's $200 billion planned spend on AI and cloud infrastructure.
- The stock's recovery outperformed the NASDAQ (-0.57%) as geopolitical tensions eased and the market weighed competition from Alibaba's latest AI developments.
- Shares held steady at $201.15 in after-hours trading ahead of the February 18 open, with options data implying an expected price move of ±2.11%.