Is Amazon Still a Millionaire-Maker Stock?

The Motley Fool
by newsfeedback@fool.com (Will Ebiefung)
February 26, 2026
AI-Generated Deep Dive Summary
Amazon’s shares have dropped 9% year-to-date, with its recent rally driven by artificial intelligence (AI) and efficiency efforts losing momentum. Despite the company’s strong performance, investors are growing concerned about management’s spending levels and the broader health of the AI industry. These worries raise the question: Is Amazon still a stock with long-term millionaire-maker potential? The article highlights that while Amazon continues to demonstrate solid financial results, investor nervousness has emerged due to concerns over excessive spending. This anxiety is compounded by uncertainties surrounding the AI sector’s growth trajectory and its ability to deliver sustained returns. The company’s ambitious investments in AI infrastructure, including tools like Amazon Web Services (AWS) and its own generative AI capabilities, are seen as both opportunities and potential risks. For readers interested in finance and investing, this matters because Amazon’s performance often serves as an indicator of broader tech sector health. Its ability to navigate challenges in AI spending while maintaining profitability could set a precedent for other tech giants. Investors must weigh whether the company’s strategic bets on AI will ultimately pay off or if they may lead to overextension. Ultimately, the article suggests that while Amazon remains a dominant player in cloud computing and e-commerce, the future of its stock as a millionaire-maker depends heavily on how well it can balance spending with long-term growth. The outcome of these efforts could shape both investor sentiment and market trends in the years ahead.
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Originally published on The Motley Fool on 2/26/2026