Stock Market Today, Feb. 10: Amazon Doubles Down on AI as AWS Drives $200 Billion Capex Push

Core Viewpoint - Amazon is investing approximately $200 billion through 2026 to enhance its AWS capabilities, focusing on AI-driven cloud infrastructure, while facing mixed market sentiment due to significant capital spending and regulatory challenges [4][5]. Group 1: Company Performance - Amazon's stock closed at $206.9, down 0.84%, as investors weighed its substantial capex plan against recent cloud growth [1]. - The trading volume reached 66.3 million shares, approximately 47% above the three-month average of 45 million shares [2]. Group 2: Market Context - The broader U.S. markets finished weaker, with the S&P 500 down 0.33% and the Nasdaq Composite down 0.59%, while peers in e-commerce and cloud computing showed mixed results [3]. - Alibaba Group closed up 2.15% at $166.51, while Walmart ended down 1.80% at $126.7, indicating divergent narratives within the sector [3]. Group 3: Investment Strategy - Amazon's $200 billion investment plan aims to expand AWS capacity in various areas, including data centers and AI applications, addressing supply constraints and preparing for enterprise AI workloads [4]. - AWS is also developing an AI content marketplace and expanding partnerships in autonomous vehicle deployments, which could generate new revenue streams [5].