Jassy reiterated that AWS can become a trillion-dollar revenue business within the next five to 10 years. Amazon still expects 2026 cash capex of about $220 billion, mostly for AWS, and plans to spend meaningfully more in 2027. AWS revenue rose 39% year over year, its sixth straight quarter of steady growth, and the company expects AWS to grow north of 40% in both 2027 and 2028, with an annualized run-rate of $184 billion. Jassy called the AI boom a 'once in a lifetime opportunity' and said Amazon can fund the plan, but investors remained concerned and shares fell about 6% in after-hours trading.
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AMZNcloud computingAI investmentcapital expenditure
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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