Discussion

• @thestalwart Joe Weisenthal on x

  *AMAZON SINKS 11% ON HIGHER-THAN-EXPECTED 2026 CAPEX FORECAST

• @tunguz Bojan Tunguz on x

  There are only two kinds of companies left: 1. The ones that invest $100B+ per year in datacenter Capex. 2. Permanent underclass.

• @quinnypig Corey Quinn on x

  Their stock fell 10% because they outperformed on selling cloud services, but vowed to piss all of it away plus oh-so-much-more to tilt at the AI windmill. Also they didn't sell enough underpants.

• @geoffrbennett Geoff Bennett on x

  NEW YORK (AP) — Amazon misses 4Q profit estimates despite faster than expected growth in cloud computing business.

• @thestalwart Joe Weisenthal on x

  Another eye watering capex number *AMAZON SEES 2026 CAPEX ABOUT $200B, EST. $146.11B

• @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]

• @thetranscript_ @thetranscript_ on x

  $AMZN CEO @ajassy guides to ~$200B capex in FY26, up 52% YoY from $131.8B in FY25. “With such strong demand for our existing offerings and seminal opportunities ...we expect to invest about $200B in capex across Amazon in 2026 & anticipate strong long-term ROIC” [image]

• @munster_gene Gene Munster on x

  $AMZN Stock down 11%. AWS growth was 24% vs whisper of 25%+ and imprint of 22%. Whisper jumped last night on the Google Cloud blowout last night. Capex guide was $200B. Expectations were $150B.

• @beth_kindig Beth Kindig on x

  Amazon $AMZN CEO Andy Jassy: “With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics, and low earth orbit satellites, we expect to invest about $200 billion in capital expenditures across Amazon in 2026 and anticipate strong

• @amazonnews @amazonnews on x

  We just announced our Q4 2025 results: 🔶 Total net sales +14% Y/Y to $213.4B 📦 North America sales +10% to $127.1B 🌍 International sales +17% to $50.7B 💻 AWS sales +24% to $35.6B ⬆️ Total operating income increased to $25B Learn more.

• @thezvi Zvi Mowshowitz on x

  In addition to being a sign error this seems like a problem with the expectations?

• @saxena_puru Puru Saxena on x

  Amazon $AMZN - Capex of $200B in '26 (+54%YoY vs. +40%YoY whisper) Andy Jassy anticipates strong long-term ROIC but pundits are convinced AI is a bubble. More capex by $AMZN and $GOOGL is positive for the AI trade, the market has gone wild.

• @fejau_inc @fejau_inc on x

  basically impossible to get a recession when you're doing $600b of new marginal capex in a year btw

• @onslowshipping @onslowshipping on x

  Is Amazon guiding capex of 10% the size of Australia's economy supposed to be bullish or bearish

• @retail_guru Rahul Sharma on x

  As with $GOOGL, discomfort at $AMZN is that $200 billion in capex, more than 4X 2022 levels. Unlike $GOOGL, $AMZN unlikely to be able to generate enough free cash flow to finance this 42% higher y/y capex bill although balance sheet is plenty strong. [image]

• @fejau_inc @fejau_inc on x

  Amazon Capex $200b, street estimate was $146b. Stock down 10% AH. The beat of the drum continues

• @ross__hendricks Ross Hendricks on x

  Headlines you see when a capex bubble is bursting... RIP bull market ... we had a good run [image]

• @bubbleboi Bubble Boi on x

  We are in the end game. This is the final chapter of capitalism.

• @firstadopter Tae Kim on x

  You all know I was already insanely bullish on the Nvidia's NVL72 supercycle this year. These capex numbers from Google and Amazon BLOW AWAY even my most optimistic expectations for Nvidia's main end customer market. [image]

• @munster_gene Gene Munster on x

  More capex is a good thing for both the companies that are spending more and the broader AI trade.  Market disagrees with me.  $AMZN capex growth in 2026 projected to be 54%.  Whisper was it was going to 40% up from 18% in-print.  Here's where we stand if they hit the high end of…

• @boringbiz_ @boringbiz_ on x

  Capex guidance for FY26 from the Mag 7 so far: > Google: $175B-$185B vs $119B estimate > Meta: $115B-$135B vs $110B estimate > Tesla: $20B vs $11B estimate > Amazon: $200B vs $146B estimate > Microsoft: Run rate (based on 2Q) at $120B Its over. [video]

• @amitisinvesting Amit on x

  $AMZN STREET WANTED 145B IN 2026 CAPEX AMAZON SAID THEY ARE GOING TO DO $200B stock down 7% guess capex spend isn't being rewarded anymore

• @rihardjarc Rihard Jarc on x

  $AMZN AWS +24% (fastest growth in 13 quarters). Great growth but as the market is short sightet right now CapEx “the problem” again. $AMZN sees CapEx at $200B (est $146B)

• @josephpolitano @josephpolitano on x

  amazon is gonna spend roughly the GDP of Qatar on data centers this year lol

• @ophirgottlieb Ophir Gottlieb on x

  In total, with the four hyperscalers now having reported, we have a colossal amount of CapEx coming into AI infra: Alphabet up 100%+ to $180B. META up 80% to $125B. AMZN up 50+% to $200B. MSFT up 35% to $105B. That's about $600B in CapEx spending by these four companies in the

• @thestalwart Joe Weisenthal on x

  How much of these big capex increases is just increased costs? I mean, we hear so much about how the whole datacenter supply chain is spoken for already.

• @morningbrew @morningbrew on x

  Big Tech capex projections this year Amazon: $200 billion Alphabet: $185 billion Meta: $125 billion Microsoft: $110 billion Apple: $13 billion TOTAL: $633 billion That is more than the GDP of Sweden

• @stevesi Steven Sinofsky on x

  Some set of investors don't like today's big tech capex because from their perspective they priced in special dividends down the road as cash grew. They did not price in a change in what it takes to be in aspects of the software business, from COGS or investment perspectives.

• @bubbleboi Bubble Boi on x

  660 billion dollars of Capex this year on AI data centers.  To put a number like that in perspective this is more than what we spent on the U.S. interstate highway system (630 billion), more than what we spent on the Apollo Moon Program (257 billion), more than what we spent on t…

• @ophirgottlieb Ophir Gottlieb on x

  $AMZN • Fastest growth for AWS in three-years • Largest operating profit for AWS ever • Largest AWS revenue ever 2/

• @simli @simli on bluesky

  The craziest numbers are happening right now, and right at the top are the capex figures.  —  www.cnbc.com/2026/02/05/a...

• @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/business r on reddit

  Amazon stock falls 10% on $200 billion spending 2026 forecast, earnings miss

• r/StockMarket r on reddit

  Amazon stock falls 10% on $200 billion spending forecast, earnings miss

• r/BetterOffline r on reddit

  Amazon stock falls 10% on $200 billion spending forecast, earnings miss

• 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