Amazon stock jumps 3%: is the AI selloff finally breaking?

Amazon stock (NASDAQ: AMZN) rebounded about 3% on Wednesday, a welcome break after a bruising, multi-day slide that had put the stock, and the wider AI trade, under a harsh spotlight. The prior drop was steep enough to erase more than $450 billion in market value at one point, turning even a modest up-day into an event investors want to interpret. The key question now is simple: is this the start of a real recovery, or just a bounce after heavy selling? Why Amazon stock sold off: AI spending meets valuation nerves The selloff was not a sudden vote against Amazon’s core business. It was a reaction to the scale and timing of spending the company put on the table,…