Amazon’s quarterly beats took a back seat to a couple dings we’re not going to sweat

Admin—February 7, 20250

Amazon logo on a brick building exterior, San Francisco, California, August 20, 2024.

Smith Collection | Gado | Archive Photos | Getty Images

Amazon shares fell roughly 4% on Thursday evening despite the e-commerce and cloud giant reporting a stronger-than-expected fourth quarter after the closing bell. The market participants during extended trading took issue with a first-quarter 2025 forecast that missed estimates and a larger-than-expected capital expenditure plan. However, we don’t see either item as thesis-changing.

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