Wall Street rebounds after tech rout, but Amazon stock slides on $200B AI spend plan

U.S. stocks climbed early Friday despite a tough week for tech. Amazon.com shares, however, dropped sharply as investors digested the company’s increased spending on artificial intelligence.

Amazon · NASDAQ:AMZN · NASDAQ:GOOGL · Stock Market · Technology
Amazon stock price slides after-hours on $200B AI spending forecast as AI stocks wobble

Amazon stock price slides after-hours on $200B AI spending forecast as AI stocks wobble

Amazon.com dropped in after-hours Thursday after forecasting roughly $200 billion in capital expenditures for 2026 and projecting first-quarter operating income between $16.5 billion and $21.5 billion—falling short of estimates. Shares tumbled as much as 11%, last down around 7%. The capex, which covers long-term assets like data centers and chips, also factors in about $1 billion in extra costs from its Leo satellite internet venture.
5 February 2026
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Dow Jones slides nearly 600 points as AI spending fears hit Wall Street; Amazon sinks after the bell

Dow Jones slides nearly 600 points as AI spending fears hit Wall Street; Amazon sinks after the bell

The Dow Jones Industrial Average dropped 1.20% on Thursday, closing at 48,908.72 and halting a brief rebound as investors offloaded tech-linked and high-growth stocks. The Nasdaq tumbled to its lowest level since November, while Amazon slid further in after-hours trading, highlighting market nerves over major AI investments.
5 February 2026
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Amazon earnings today: AWS cloud growth under the microscope after Microsoft’s $500B wipeout

Amazon earnings today: AWS cloud growth under the microscope after Microsoft’s $500B wipeout

Amazon.com is set to release its earnings later Thursday, with investors closely watching Amazon Web Services following Microsoft’s sharp retreat, which reignited concerns about a broader cloud slowdown. Since Microsoft’s January 28 report, its shares have dropped 14%, erasing over $500 billion in market value. Catalyst Funds CIO David Miller warned, “If it’s the latter, that could carry over.”
5 February 2026
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Amazon stock (AMZN) heads into earnings week as Saks ends “Saks on Amazon” deal

Amazon stock (AMZN) heads into earnings week as Saks ends “Saks on Amazon” deal

Saks Global is pulling the plug on its “Saks on Amazon” deal with Amazon.com, according to a source familiar with the move, as the retailer navigates Chapter 11 bankruptcy. The partnership originated from Amazon’s $475 million investment earlier this year and obligated Saks to shell out at least $900 million over eight years. Amazon’s shares dropped 1.0% to $239.30 on Friday. A company spokesperson noted the luxury store is “adding more luxury brands regularly.”
1 February 2026
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Amazon stock slides after hours on 16,000 layoffs — what AMZN investors watch before earnings

Amazon stock slides after hours on 16,000 layoffs — what AMZN investors watch before earnings

Shares of Amazon.com Inc slipped 0.7% to $243.01 in after-hours trading Wednesday following an announcement of further cuts to about 16,000 corporate jobs. Human resources chief Beth Galetti described the move as part of efforts to “reduce layers, increase ownership, and remove bureaucracy,” stressing that broad layoffs every few months are “not our plan.” After-hours trading takes place after the regular 4 p.m. ET close.
29 January 2026
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Amazon stock climbs after Whole Foods pivot — what AMZN investors watch before Feb. 5

Amazon stock climbs after Whole Foods pivot — what AMZN investors watch before Feb. 5

Amazon.com Inc shares climbed 2.6% to $244.69 in after-hours trading Tuesday, following the 4 p.m. ET close. The gain came after the company announced plans to shutter its Amazon Go and Amazon Fresh stores, convert some locations into Whole Foods Market outlets, and boost same-day delivery as it deepens its grocery push. Trading volume hit roughly 37.7 million shares.
27 January 2026
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