Amazon's Record-Breaking 9-Day Losing Streak: Massive Spending Plans Dent Market Confidence
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Author:小编   

Amazon has set its sights on boosting capital expenditures to a staggering $200 billion by 2026, marking a surge of over 50% from the levels projected for 2025 and surpassing even the loftiest expectations on Wall Street. This bold spending strategy has, however, sparked a wave of market anxiety, causing Amazon's stock price to plummet for nine consecutive trading days—the longest losing streak the company has witnessed in nearly two decades, since July 2006. On February 5, following the close of trading, Amazon unveiled its financial results for the fourth quarter of the fiscal year 2025, showcasing robust performance. Yet, despite these positive numbers, the stock price nosedived by over 14% in after-hours trading, wiping out more than $200 billion in market value. Notably, Amazon's cloud business, AWS, and its advertising division delivered strong performances. This sharp decline in Amazon's stock price unfolds against a backdrop of Wall Street's contemplation of the AI investment boom. The combined capital expenditures of the four tech behemoths are projected to exceed $630 billion in 2026. Beyond Amazon, Microsoft and Meta also experienced declines in their stock prices, albeit to varying extents.