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910 Amazon’s Cloud Liftoff

The Information
Martin Peers @ The Information · 02/05/2026 20:00 EDT

Amazon’s Cloud Liftoff

Talk about raising the stakes. A day after Google parent Alphabet scared the market by projecting plans to double its capital expenditures to around $180 billion, Amazon went one better by announcing it plans to lay out $200 billion on capex this year, 56% higher than what it spent in 2025. Investors were just as unimpressed as they had been with Google: Amazon stock dropped as much as 10% in after-hours trading. That’s despite the fact that, also like Google on Wednesday, Amazon reported solid fourth-quart

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