Amazon stock slides 8% as 2026 capex guidance blows past expectations
#Amazon #Capex #AWS #Earnings Report #Andy Jassy #Cloud Computing #AI Investment
📌 Key Takeaways
- Amazon shares dropped over 9% after forecasting $200 billion in capital expenditures for 2026.
- The 2026 spending guidance exceeded analyst expectations by approximately $54 billion.
- AWS revenue grew 23.6% to $35.58 billion, signaling strong demand for AI and cloud infrastructure.
- Total Q4 revenue hit $213.39 billion, beating expectations despite a slight miss on per-share earnings.
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🐦 Character Reactions (Tweets)
Tech GuruAmazon just raised the bar for corporate spending so high, I wouldn't be surprised if Jeff Bezos starts the 2026 Space Race from his backyard. 🚀💸 #CapitalExpenditure #AIandBeyond
Wall Street WhizLooks like Amazon's 2026 capex forecast is proof that 'If you can’t beat them, spend infinitely more than them!' 💰💥 #AIOverload #StockMarketShenanigans
Cynical AnalystAmazon's $200 billion spending spree screams 'We'll figure out how to profit later!' Perfectly timed right before the next AI movie marathon. 🎬👾 #AIandProfitability #FuturePlans
EconOracleIf Amazon’s capex were a person, it would be that friend who spends all their savings on a super fancy coffee machine and then expects to write a bestseller from home. ☕📚 #FinancialPriorities #AmazonInvestments
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🏷️ Themes
Corporate Finance, Artificial Intelligence, Stock Market
📚 Related People & Topics
Amazon Web Services
On-demand cloud computing provider
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered, pay-as-you-go basis. Clients often use this in combination with autoscaling (a process that allows a client to use more compu...
Andy Jassy
American business executive (born 1968)
Andrew R. Jassy (born January 13, 1968) is an American business executive who is the president and chief executive officer of Amazon since July 2021, succeeding founder Jeff Bezos, who remains executive chairman. Jassy was SVP and CEO of Amazon Web Services from 2003 to 2021.
Capital expenditure
Costs associated with the fixed assets
Capital expenditure or capital expense (abbreviated capex, CAPEX, or CapEx) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. It is considered a capital expenditure when the asset is newly purchased...
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Connections for Amazon Web Services:
- 🌐 Artificial intelligence (3 shared articles)
- 🌐 Amazon (2 shared articles)
- 🌐 Cloud computing (1 shared articles)
- 🌐 Space-based data center (1 shared articles)
- 👤 Amazon Leo (1 shared articles)
- 👤 Andy Jassy (1 shared articles)
- 🌐 Capital expenditure (1 shared articles)
📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Amazon stock slides 9% premarket as 2026 capex guidance blows past expectations Gold, silver prices log shaky gains after bruising week Amazon’s capex plans, Stellantis, Bitcoin’s fall - what’s moving markets 3 reasons why Bitcoin is falling (South Africa Philippines Nigeria) Amazon stock slides 9% premarket as 2026 capex guidance blows past expectations Author Anuron Mitra Earnings Published 02/05/2026, 04:08 PM Updated 02/06/2026, 04:08 AM Amazon stock slides 9% premarket as 2026 capex guidance blows past expectations 18 AMZN -4.42% Investing.com -- Amazon.com (NASDAQ: AMZN ) on Thursday beat quarterly top-line estimates, but forecasted capital expenditures of about $200 billion for 2026, much higher than expected. Shares of the company slumped 9.3% in pre-market Friday trade. Discover more earnings insights at InvestingPro Amazon’s results come at a time when Wall Street is seeing a heavy rotation out of technology stocks into other sectors. Investors have shifted from a mindset where the broad technology sector was seen as benefiting from artificial intelligence to one where there will be specific winners and losers due to AI. Software companies have been identified as losers, and a slide in that sub-sector has bled into chipmakers and the broader landscape. Traders are also concerned about elevated valuations and massive spending plans. Amazon’s $200 billion outlook blew past the consensus figure of $146.11 billion. "AWS is accelerating with even faster growth ahead and Retail is delivering with improving efficiency. Yes, AMZN is investing (AWS, Retail, LEO), but it has a track record of showing ROIC, which leaves us bullish on this under-appreciated GenAI winner across," Morgan Stanley equity analyst Brian Nowak said in a note to clients. The guidance comes just a day after Google-parent Alphabet (NASDAQ: GOOGL ) stunned the Street with capital expenditure plans of its own of up to $185 billion in 2026....