00:00Amazon shares slid more than 9% after the company forecasted sharply higher capital spending,
00:06reigniting investor fears that the AI boom may be turning into a bubble.
00:11The tech giant plans to ramp CapEx to $200 billion by the end of 2026,
00:16part of a broader spending surge across big tech that could top $660 billion this year.
00:23While some rivals like Meta and Alphabet were rewarded for similar bets,
00:27Amazon and Microsoft were punished as investors questioned the visibility and payoff of massive AI investments.
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