New Delhi, Feb. 6 -- Amazon Inc shares tumbled sharply during Friday's session on Nasdaq, immediately after the opening bell, following the company's mixed fourth-quarter earnings and its announcement to boost the 2026 spending forecast to $200 billion.

After over 4.4% drop in the previous session, the stock opened with a steep gap down at $200.70 and hit an intraday low of $200.30 on 6 February, down about 10% from the previous close of $222.70. Friday's intraday low is also the lowest since May 2025, pushing the stock's year-to-date loss to 12.5%.

The e-commerce giant on Thursday joined rivals in forecasting sharply higher expenditures this year, investing in data centres and other infrastructure to meet growing demand for artificial ...