1 week ago
Amazon (AMZN) Stock Eyes AWS Growth as Amazon’s $220B Spending Plan Expands
TLDR Amazon raised its 2026 capital expenditure forecast to about $220 billion, up from its earlier $200 billion guidance. AWS revenue increased 36.7% year over year to $42.2 billion, marking its fastest growth rate in 18 quarters. AWS backlog reached $496 billion, while much of Amazon’s 2027 cloud capacity is already committed. Amazon’s Trainium and [...]
The post Amazon (AMZN) Stock Eyes AWS Growth as Amazon’s $220B Spending Plan Expands appeared first on Blockonomi.
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