Amazon (AMZN) Stock Slides as Bank of America Lowers Target to $275

TLDR Amazon shares dropped 9% following Q4 earnings as the company announced plans to spend $200 billion on capital expenditures in 2026. The e-commerce giant missed EPS estimates at $1.95 versus $1.96 expected but beat revenue forecasts with $213.4 billion. AWS growth accelerated to 24%, surpassing Wall Street’s 22% estimate, with a backlog growing 40% [...]

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