Tech giant reports $213bn in revenue after its founder, who owns the Post, lays off a third of newspaper’s employees

Shares in the tech giant fell in after hours trade as investors appeared wary of the sector's big spending plans.

Tech giant reports $213bn in revenue after its founder, who owns the Post, lays off a third of newspaper’s employees

The company boosted its 2026 capital expenditures to $200 billion, with most of the spending going to data centers.

Amazon's capital expenditure projection comes in at $200 billion, above analysts' estimates of $146.6 billion and higher than the roughly $131 billion in 2025.