Amazon Faces Dual Operational Challenges as Trading Resumes

As markets reopen following the holiday break, Amazon enters a shortened trading week contending with two separate operational issues. While its share price remained unchanged at $232.38 on December 24th due to the holiday closure, fresh reports concerning service disruptions at its cloud division and a regulatory recall at its autonomous vehicle subsidiary have emerged, potentially impacting sentiment around the company’s core growth engines.

The National Highway Traffic Safety Administration (NHTSA) has mandated a recall of 332 robotaxis operated by Amazon’s Zoox unit. The recall stems from a software flaw that could cause vehicles to cross lane markings unexpectedly. While the financial impact is negligible relative to Amazon’s overall Read more...