Amazon(US:AMZN) Investors·2026-02-06 16:27Market Overview - The stock market is currently divided, with the Nasdaq experiencing a sell-off primarily driven by declines in software, cryptocurrency, and other technology sectors, although there was a bounce back on Friday [1] - In contrast, the Dow Jones and Russell 2000 indices rose, indicating positive performance in many sectors [1] Company Earnings and Capital Expenditure - Alphabet (GOOGL) and Amazon (AMZN) reported strong earnings alongside significant increases in capital spending, which has surprised investors [1] - Advanced Micro Devices (AMD) exceeded earnings expectations and provided an optimistic guidance for future performance, although its shares did not respond positively [1] Sector Performance - The rise in AI spending plans has caused some volatility in the market, particularly affecting Amazon's stock, which saw a decline following the announcement of a $200 billion AI spending plan [1] - Broadcom's stock increased in response to Google's substantial capital expenditure increase, indicating a positive correlation between tech spending and stock performance [1]