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Amazon (AMZN) and Alphabet (GOOGL) Stocks Tumble on Surging AI Capex Plans and Earnings Concerns

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The Story

News Summary

  • Amazon missed EPS estimates but reports strong growth in AWS and plans $200B 2026 capex, alarming investors.
  • Alphabet’s Google Cloud also posts robust gains.
  • Both face market selloff due to AI-related capital spending concerns threatening legacy tech earnings power.
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AMZN price history

256.78 +13.48% over the displayed period

Advisor Snapshot

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