Bill Ackman's Pershing Square bought Amazon stake at ‘extremely attractive' price
1. Bill Ackman's hedge fund bought Amazon shares after a 30% decline. 2. Analysts believe Amazon can overcome cloud business slowdowns. 3. Amazon's stock climbed 2% to $203.05 amid positive investment news. 4. CEO Jassy claims no significant impact from tariffs on consumer spending. 5. Other retailers are struggling due to tariff-related consumer spending drops.