Amazon (AMZN) Stock Plunges 10% on $200 Billion Spending Shock Despite Cloud Beat

TLDR Amazon stock plunged 10% Thursday after Q4 earnings showed EPS of $1.95 versus $1.97 expected despite revenue beat at $213.4 billion. AWS cloud revenue topped estimates at $35.58 billion with 24% growth and operating margins expanding to 35%. Company shocked Wall Street with $200 billion capital spending plan for 2026, far above $148.86 billion [...]

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