Amazon slides over 10% as earnings disappoint along with $200B capex plan

Amazon stock tanked over 10% in after-hours trading Thursday. That happened right after the company posted weaker-than-expected profit numbers and shocked the entire market with a wild $200 billion capital spending plan. Most analysts were expecting something closer to $146. 6 billion, but Amazon said screw it, we’re going big. For the fourth quarter, earnings per […] source: https://www.cryptopolitan.com/amazon-slides-over-10-as-earnings-disappoint/