Amazon Drops on Mixed Q4 & Capex Outlook: Buy the Dip With ETFs?
Key Takeaways Amazon (AMZN) shares plunged about 10% in extended trading on Thursday after the company reported mixed fourth-quarter results and announced a higher capital expenditure outlook for 2026. The company posted earnings per share of $1.95, below the Zacks Consensus Estimate of $1.98, while revenues of $213.39 billion came in stronger than the Zacks Consensus Estimate of $211.46 billion. Earnings grew about 4.8% year over year while revenues surged 13.6%. Inside Key Business Segments Performance Ke ...