Quick Read – Amazon’s three prior capex panics in 2000, 2014, and 2022 all rewarded patient buyers, but the current $200B plan triggered a 6% weekly drop. – AMZN’s AWS holds a $364B contracted backlog with Trainium carrying $225B in commitments, while GOOGL just missed EPS after…
ising its own infrastructure spend. – AWS grew 28% at a 37.7% margin in Q1 2026, marking its fastest pace in 15 quarters, with 62 analysts rating AMZN a buy and zero rating it a sell. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn’t make the cut. Grab the names FREE today
I keep buying Amazon (NASDAQ:AMZN) every time Wall Street decides the capex bill is too high, and this quarter I am buying again. The stock closed at $233.66 on Thursday after a 4.57% single-day drop and a 6.49% weekly slide. The trigger is familiar: Andy Jassy telling shareholders Amazon plans to invest roughly $200 billion in capital expenditures in 2026.
I have seen this movie in 2000, 2014, and 2022. Every time the market panicked about Amazon spending too much, the compounding on the other side rewarded patience. The Thesis in Plain English Amazon is the largest cloud, advertising, and custom-silicon business on earth wearing a retail wrapper, with a retail arm attached.