Amazon Q3 Preview: CAPEX Spending In Focus, Shares Fairly Valued

Amazon.com, Inc. will release its Q3 earnings on Thursday, October 29. AMZN investors have been spooked in recent days by the AI-related spending commitments of the major tech companies, Amazon included. Amazon is expected to spend +$220B on CAPEX for its full fiscal year, a +$20B increase in its guidance earlier in the year.