Amazon stock tumbles on $200 billion AI spend plan — what to know before Monday
New York, Feb 7, 2026, 09:34 EST — Market closed. Amazon.com shares (AMZN.O) ended Friday at $210.32, down 5.6%, after investors balked at the scale of the company’s latest spending plans. The selloff followed Amazon’s projection of about $200 billion in 2026 capital expenditures — cash spent on items like data centers, servers and other equipment — a figure that pushed fresh doubts about when Big Tech’s AI buildout pays off. Amazon was set to lose around $200 billion in market value if the losses held, Reuters reported. (Reuters) Amazon had already dropped 11.5% in after-hours trade on Thursday after