AMZN is trading at $224.74 (-3.54%) as investors weigh anticipation for Q4 2025 earnings against mounting anxiety over projected AI capital expenditures exceeding $150B in 2026.

  • Wall Street is looking for $211.3B in revenue and $1.97 EPS in the February 5 report, with specific focus on whether AWS growth can reach the $35B milestone.
  • The decline tracks broader tech sector pressure and news of 16,000 layoffs at Amazon, which have intensified macroeconomic and recessionary concerns.