Amazon learns a tough lesson in a market bailing on tech. Why we must be patient
CNBC·2026-02-06 00:42

Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management's current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates compiled by LSEG. Earnings per share based on generally accepted accounting principles (GAAP) increased 5% to $1.95, missing th ...