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Amazon Stock Just Entered Oversold Territory. Should You Buy the Dip?
Yahoo Finance· 2026-02-06 19:47
Amazon (AMZN) stock opened nearly 10% down on Feb. 6, after a slight profit miss and daunting capital expenditures (capex) guidance spooked investors, despite an otherwise positive Q4 release. The Nasdaq-listed firm now plans on spending about $200 billion this year, mostly on artificial intelligence (AI) infrastructure. That number is miles ahead of the roughly $146 billion that analysts had expected. More News from Barchart This surprise triggered a sharp selloff that pushed AMZN’s relative strength ...