Amazon reported fourth-quarter results with sales growing 14% to USD 213.4 billion and an operating margin of 11.7%. All segments beat expectations, with AWS driving revenue upside. Operating income was USD 25.0 billion. Future guidance is slightly lower, with capital expenditure projected to reach USD 200 billion in 2026.

Read more at Morningstar: Amazon Earnings: Guidance for $200 Billion in Capital Expenditure in 2026 Overshadows Good Results