AMZN is trading at $206.19 (-11.5%) following its Q4 2025 earnings release as concerns mount over surging AI capex projections.
- The sharp decline suggests a potential earnings miss or weak guidance, with 2026 AI spending projected to exceed $150B, echoing recent concerns seen with Alphabet.
- The move is amplified by a broader risk-off sentiment in the tech sector, with the Nasdaq down 1.62% amid growing recession fears.