Amazon (AMZN) Stock: Jassy Says AWS Capacity Sold Out Through 2027
Photo: CoinCentral
TLDR Amazon (AMZN) closed at $248.00 on Friday, down $2.38 or about 1%, and traded at $248.80 after hours. CEO Andy Jassy said AWS cloud capacity is largely sold out through 2027, with a good chunk of 2028 also spoken for. Amazon plans about $220 billion in capital spending for 2026, and Jassy said it could invest a lot more. AWS still holds some capacity back for on-demand customers using EC2 and Bedrock. Amazon reports third quarter results on October 29. Amazon (AMZN) stock closed at $248.00 on Friday, down $2.38 or 0.95%.
Source: CoinCentral
