Amazon stock price slides after-hours on $200B AI spending forecast as AI stocks wobble
New York, Feb 5, 2026, 17:05 EST — After-hours update
- Amazon plunged as much as 11% in after-hours trading following a warning of roughly $200 billion in capital expenditures for 2026 and a weaker profit forecast for the first quarter.
- Big Tech’s AI spending is under the microscope again after Alphabet outlined a $175 billion to $185 billion capex target for 2026. Meanwhile, software stocks continue to slide amid worries over disruption.
- Traders are eyeing Amazon’s remarks on cloud capacity alongside next week’s postponed U.S. jobs and inflation data.
Amazon.com (AMZN.O) dropped in after-hours Thursday after forecasting roughly $200 billion in capital expenditures for 2026 and projecting first-quarter…
