Amazon shares fall more than 5% after plan to spend about $200B on capex in 2026

Amazon shares closed down more than 5% on February 6, 2026, the day after the fourth-quarter report. Investors focused on management's plan to spend about $200 billion on capital expenditures in 2026, not on the quarter itself. Q4 net sales had risen 14% to $213.4 billion, but EPS of $1.95 came in slightly below the $1.97 analysts expected.

• Shares closed down more than 5% on Feb 6 (Motley Fool)
• 2026 capex plan: about $200 billion
• Q4 2025 net sales $213.4B, up 14%
• Q4 EPS $1.95 vs $1.97 expected (per TrendSpider)