Key Highlights
- Amazon plans to spend $200 billion on AI in 2026, a $55 billion increase over analyst expectations.
- Shares fell over 11% in after-hours trading following the earnings report.
- Amazon's revenue for Q4 grew 14% year-over-year but earnings per share missed expectations.
- The company is increasing its AI spending significantly, positioning itself among the top spenders in the tech industry.
- Cloud-computing growth has been slower for Amazon compared to its competitors.
