Amazon's advertising growth decelerated to 12% year-over-year from 26% last quarter, mirroring Alphabet's slower search-ad revenue. Bernstein analysts say the miss reignites questions about AI-driven discovery pressuring a key profit pool, though Amazon management argues AI shopping remains nascent. Amazon shares fell 6.5% premarket; Alphabet slipped 0.75% after Thursday's 13% drop. Separately, Bayer won a Missouri Roundup trial, Intel shares slid 26% premarket on weak client-computing revenue, and the dollar fell 0.2% to 101.776.
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