CNBC Daily Open: Amazon's projected capex dwarfs that of its peers — which have already spooked markets

The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany's headquarters.Amazon is following in the footsteps of fellow tech giant Microsoft, and not in a good way. Shares of the e-commerce and cloud giant plunged more than 11% in extended trading after the company reported fourth-quarter earnings that missed expectations.The bigger jolt, however, came from Amazon's enormous capital expenditure projection — $200 billion, far above analysts' estimates of $146.6 billion and ...