Amazon (AMZN) Shares Struggle to Find Support After Weak Report
As the chart shows, Amazon (AMZN) shares have displayed pronounced bearish momentum following the release of a weak earnings report on 5 February: → Revenue: $213.4 bn (forecast: $211.4 bn)→ Earnings per share (EPS): actual $1.95, forecast $1.97 According to media reports, particular concern arose after Amazon announced plans to spend $200 bn on capital expenditure in 2026,…