1 week ago
Amazon (AMZN) Stock:$200 Billion Capex Plan Faces a Crucial Earnings Test
TLDR Amazon stock climbs as its $200 billion capex plan faces a major earnings test AWS growth strengthens Amazon, but heavy spending keeps cash flow under strain Amazon’s first-quarter capex reached $44.2 billion as free cash flow fell sharply Strong AWS margins support growth while debt and interest costs continue rising Amazon earnings will reveal [...]
The post Amazon (AMZN) Stock:$200 Billion Capex Plan Faces a Crucial Earnings Test appeared first on Blockonomi.
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