AMZN is trading at $203.60, down 3.1% today as a broader market downturn triggered by new 15% global tariffs compounds lingering concerns over the company's $200 billion capex plan.
- The S&P 500 and NASDAQ are down 1.19% and 1.34% respectively, following the February 21 announcement of a 15% global tariff.
- The stock remains under pressure after a 16% selloff last week, which was triggered by massive 2026 capital expenditure guidance despite AWS growth accelerating to 24%.
- Analysts note today's decline is primarily driven by macroeconomic volatility rather than new company-specific catalysts.