Amazon Shares Plunge 10% After Earnings Miss, Massive $200 Billion Spending Plan

Market
C
CNBC TV18•06-02-2026, 04:41
Amazon Shares Plunge 10% After Earnings Miss, Massive $200 Billion Spending Plan
- •Amazon.com Inc. shares dropped 10% in after-hours trading following a mixed quarterly performance and increased spending plans.
- •The company reported Q4 2025 revenue of $213.39 billion, slightly above projections, but EPS of $1.95 missed the $1.97 estimate.
- •Amazon Web Services (AWS) revenue growth of 24% was the fastest in 13 quarters, exceeding analyst estimates.
- •Management announced plans to invest up to $200 billion in 2026 for data centers and AI infrastructure, significantly higher than previous spending.
- •The company also faces ongoing layoffs, with over 16,000 employees let go this week, adding to 14,000 layoffs last October.
✦
More like this
Loading more articles...





