Amazon stock dropped over 10% after missing earnings and announcing a $200B spending plan

Amazon stock tanked over 10% in after-hours trading Thursday. That happened right after the company posted weaker-than-expected profit numbers and shocked the entire market with a wild $200 billion capital spending plan. Most analysts were expecting something closer to $146.6 billion, but Amazon said screw it, we’re going big. For the fourth quarter, earnings per […]