1 min read
Amazon Shares Plunge After Q4 Earnings Results And Aggressive 2026 AI Spending Forecast
deadline.com
Thursday, February 5, 2026
Amazon shares plunged after the tech giant reported mixed fourth-quarter earnings and issued an aggressive forecast for 2026 spending on AI. Revenue for the October-to-December period edged Wall Street analysts’ consensus estimates, rising 14% from the year-ago quarter to $213.4. Earnings p...
Amazon shares plunged after the tech giant reported mixed fourth-quarter earnings and issued an aggressive forecast for 2026 spending on AI. Revenue for the October-to-December period edged Wall Street analysts’ consensus estimates, rising 14% from the year-ago quarter to $213.4. Earnings per share missed the mark by a penny, coming in at $1.95 on a […]
Read the full article
Continue reading on deadline.com
More from deadline.com
44 minutes ago
Kate Hudson & Oscar Winner to Star in Rom-Com Like When Harry Met Sally
45 minutes ago
Japan plant engineering peers eye merger to join ranks of industry leaders
46 minutes ago
Greece arrests soldier suspected of leaking ‘secret’ information to China
46 minutes ago