Moody’s Shifts Amazon’s Outlook to Stable, Affirms A1 Credit Rating Amid $200B AI Spending Plan

Key TakeawaysMoody’s Investors Service has affirmed the A1 senior unsecured rating for Amazon.com, Inc. (AMZN) while revising its outlook from positive to stable.The shift to a stable outlook follows Amazon's announcement of a massive $200 billion capital expenditure forecast for 2026, aimed at scaling AI infrastructure and AWS capacity.Despite the outlook change, the A1 rating reflects Amazon's dominant market position, with AWS revenue growing 24% year-over-year to $35.6 billion in the most recent quarter ...