Amazon shares crash over 11% after-market hours. What triggered the sell-off in FAANG stock
- Posted on February 6, 2026
- By Business News Today
- 3 Views
Amazon shares crash over 11% after-market hours. What triggered the sell-off in FAANG stock
Amazons stock fell more than 11% in after-hours trading after the company said it would raise capital spending by nearly 60% to about $200 billion this year, sparking investor concerns over rising AI-related costs. The decline came despite strong fourth-quarter results, with revenue rising 14% to $213.4 billion.
