AMZN is trading at $221.69 (-4.85%) amid a broader tech sell-off fueled by Alphabet's AI capex announcement and weak jobless claims data.
- The NASDAQ Composite fell 1.71% as disappointing economic data and recession fears weigh on mega-cap growth stocks.
- Investors are focused on AMZN Q4 2025 earnings due February 5, 2026, with options pricing a ~7% move based on AWS growth and AI spending guidance.