Amazon's growth challenges and regulatory pressures

$Amazon (AMZN.US)$ Its stock price has recently been underperforming, sparking widespread discussions about its future. In particular, the slowdown in the growth of e-commerce, which experienced explosive growth during the pandemic, is a major concern and dampening future market expectations. Furthermore, regulatory pressure from authorities has been increasing, with US and European regulators closely scrutinizing Amazon's business model. However, supporters of Amazon believe that the company's core strengths remain strong. AWS (Amazon Web Services) continues to be a major profit driver and maintains a dominant position globally. Additionally, the expansion of Amazon's logistics network and the increase in advertising revenue demonstrate the company's diversified business capabilities, further bolstering long-term investor optimism.