Amazon’s shares fell as the company announced a $200 billion capex plan for 2026. Q4 2025 revenue reached $213.39 billion, up 14%, with EPS at $1.95. Operating income hit $24.97 billion. AWS revenue grew 24%, exceeding expectations. Amazon plans to spend $200 billion on capex in 2026, causing concern among investors.

Read more at CNBC: Amazon learns a tough lesson in a market bailing on tech. Why we must be patient