AMZN is trading at $203.82, down 8.47% in pre-market after disappointing earnings results and aggressive capital expenditure guidance overshadowed a Q4 revenue beat.
- Amazon reported Q4 revenue of $213.4 billion with AWS growth accelerating to 24% year-over-year.
- The stock fell sharply following a massive $200 billion capex forecast for 2026, which was significantly higher than prior market expectations.
- The increased spending outlook has sparked investor concerns regarding near-term profitability and free cash flow despite strong cloud segment performance.