Amazon’s stock dipped 3.8% on November 18, 2025, following the release of mixed earnings reports. Despite strong growth in its cloud computing division, the company faced weaker-than-expected results in its consumer retail business, which has been impacted by slower spending. Analysts are concerned about the potential long-term impact of inflationary pressures on consumer behavior. While Amazon continues to benefit from its dominant position in cloud services, the weakness in its retail business has raised questions about its ability to maintain overall growth momentum in a challenging market environment.