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Amazon (AMZN) Tumbles 11.5% After Soaring Capex Guidance Amid Tech Selloff; Bitcoin (BTCUSD) Rebounds

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Amazon shares plunged 11.5% after projecting a 50%+ rise in capital expenditures.
  • Bitcoin rebounded 2.6% following heavy losses amid volatile markets and increased Fed rate cut speculation impacting risk sentiment.
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AMZN price history

249.55 +8.90% over the displayed period

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