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Amazon Sinks on $200 Billion Capex; Stellantis Plunges Reset Charges; Reddit Results Show Strong Momentum
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Amazon (AMZN) shares tumble after the e-commerce and cloud-computing company’s $200 billion annual capex forecast is much higher than expected, underlining concerns about how much big tech companies are spending on AI-related investments and when they will pay off.
- Stellantis (STLA) shares fall after the carmaker said a business reset resulted in charges of around $26 billion for the second half of 2025. Akros says the charges were about double what they expected.
- Reddit (RDDT) shares are up after the social-media company’s fourth-quarter results beat expectations across key metrics. It also gave an outlook that is seen as strong.
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