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Amazon reports Q4 AWS revenue up 24% YoY to $35.6B, vs. $34.9B est., AWS operating income up 17% YoY to $12.5B, and boosts capex in 2026 to $200B

Amazon shares plunged more than 10% in extended trading Thursday after the company posted mixed fourth-quarter earnings, and boosted its full-year spending forecast to $200 billion.

CNBC Annie Palmer

Discussion

  • @mikeisaac Rat King on x
    amazon to spend $200 billion on capex in 2026, or twice the amount of Luxembourg's 2025 gross domestic product (cc @jyarow ) [image]
  • @josephpolitano Joey Politano🏳️‍ on bluesky
    total Amazon ($200B) Google ($175B) and Meta ($115B) capex this year and you're at half a trillion on their own, more than the GDP of Vietnam or Pakistan
  • r/wallstreetbets r on reddit
    Amazon earnings are out - here are the numbers
  • r/ValueInvesting r on reddit
    AMZN misses on EPS, down 10% in AH
  • @ophirgottlieb Ophir Gottlieb on x
    $AMZN • Fastest growth for AWS in three-years • Largest operating profit for AWS ever • Largest AWS revenue ever 2/