Amazon Shares Plunge 10% After Earnings Miss, Massive $200 Billion Spending Plan
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CNBC TV1806-02-2026, 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.

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