Amazon (AMZN) ignited a sharp market backlash after the close Thursday after projecting $200 billion in capital expenditures for 2026. It’s a gobsmacking figure that dwarfs Wall Street’s consensus expectation of around $146 billion. Investors reacted as expected given the recent push back against lavish AI investment, the stock plunging more than 11% in savage … Continue reading Amazon’s $200 billion capex shock triggers new stock sell-off