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00:02Amazon reported mixed fourth-quarter results as investors reacted to rising AI-related spending,
00:08according to TipRanks. The company posted earnings per share of $1.95,
00:13missing the $1.96 estimate, while revenue reached $213.4 billion, up 13.6% year-over-year,
00:21and exceeding forecasts by $2.17 billion. AWS revenue growth accelerated to 24%,
00:28beating expectations of 22%. Amazon guided first-quarter revenue between $173.5 billion
00:35and $178.5 billion, with the midpoint above estimates, but projected weaker profits.
00:42The company forecast capital expenditures rising more than 50% to $200 billion in 2026,
00:48mainly for AWS, exceeding analyst expectations of about $150 billion.
00:53Management cited strong AWS demand and rapid capacity monetization.
00:59For all things money, visit Benzinga.com.
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