Amazon to report Q4 earnings as capex and AI growth draw focus

Amazon will report fourth-quarter results after the bell, with attention on capital spending and AI-related growth following recent job cuts and store closures.

Amazon will report fourth-quarter earnings after the bell on Thursday, and capital expenditures plus AI-related growth are expected to be key topics. The report follows mixed market reactions to recent earnings from other large tech companies. Amazon announced plans to cut about 16,000 jobs and to close some Amazon Fresh and Amazon Go stores, shifting some locations to Whole Foods. Questions about large AI-driven spending and organizational changes have been part of the public discussion. Key details: - Amazon is scheduled to report Q4 results after the bell on Thursday. - The company announced cuts of about 16,000 jobs and plans to close some Amazon Fresh and Amazon Go stores. - Estimates call for earnings per share of $1.96 and revenue of $211.5 billion for the quarter. - AWS revenue is expected near $34.9 billion, roughly 21% above last year. - Online store sales are expected at $82.3 billion and advertising revenue at $21.2 billion. - Cash capital expenditures were $34.2 billion in Q3, are expected near $34.9 billion in Q4, and the CFO said the company was on pace to spend $125 billion in 2025 with further ramping in 2026. Summary: Amazon's Q4 report will provide updated revenue, profit and capital spending details that market participants are watching amid heightened interest in AI investment. Recent earnings from other major tech firms produced mixed market responses, highlighting sensitivity to capex and AI strategy. The company will release results after the bell on Thursday. Undetermined at this time.