Amazon stock sinks 10% despite earnings beat on $200B capex shock
Amazon said Thursday it plans to spend $200 billion on capital expenditures in 2026, with a focus on artificial intelligence infrastructure, triggering a steep sell-off in after-hours trading. The stock dropped over 10% and fell below $200 as investors reacted to the scale of the planned investment. The announcement followed solid fourth-quarter earnings, with revenue […]
Amazon stock sinks 10% despite earnings beat on $200B capex shock Read More »