Key Takeaways Amazon shares dropped Friday after the tech giant said it plans to spend over $100 billion this year to support its AI goals and offered a softer-than-expected sales forecast.Analysts have remained largely bullish about the stock's upward trajectory,

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The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.

Key Takeaways Amazon reported fourth-quarter earnings that topped analysts' estimates.However, its revenue outlook for the first quarter missed projections.Amazon said the forecast reflects "an unusually large,

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

With sales growth slowing and AI investments weighing on near-term profits, do investors have better stocks to consider buying than Amazon? The post Is Amazon still a top growth stock after its Q4 report?