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Amazon (AMZN) Tumbles on Heavy AI Spending and Cost-Cutting Amid Cautious Q1 Outlook

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Amazon shares dropped 8% after hours following large AI capital expenditure plans, cost cuts, layoffs, and cautious revenue and profit forecasts for Q1 2026.
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Stored market data

AMZN price history

256.78 +13.48% over the displayed period

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