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Amazon stock falls 8% on $200 billion spending forecast, earnings miss [MSNBC.com]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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In this articlewatch nowVIDEO1:3701:37Amazon reports EPS miss, revenue beat in Q4 earningsClosing Bell: OvertimepostedHere's how the company did, compared with estimates from analysts polled by LSEG: per share:Wall Street was also looking at other key revenue numbers:Amazon said it expects capital expenditures to continue to climb higher this year as it aggressively invests in data centers and other infrastructure to meet a surge in artificial intelligence demand.The company projected capex to hit $200 billion this year, while analysts were expecting $146.6 billion, according to FactSet. Amazon's capital expenditures were roughly $131 billion in 2025."With such strong demand for our existing offerings and seminal opportunities like , chips, robotics, low earth orbit satellites, we expect to invest about $200 billion in capital expenditures across Amazon in 2026, and anticipate strong long-term return on invested capital," CEO Andy Jassy said in a statement.During a conference call wit
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- Stock market today: Dow soars 1,000 points, leading S&P 500, Nasdaq higher as Wall Street rebounds from AI tech rout [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Amazon.com (NASDAQ:AMZN) had its "buy" rating reaffirmed by analysts at Argus. They now have a $325.00 price target on the stock.[MarketBeat]
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