Want to create an interactive transcript for this episode?
Podcast: Bloomberg Daybreak: US Edition
Episode: Amazon Selloff on Massive Spend; Bitcoin Traders Buy Dip
Description: Today's top stories, with context, in just 15 minutes.On today's podcast:1) Amazon.com shares tumbled in premarket trading on Friday 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. The company reported spending roughly $130 billion on property and equipment in 2025. Analysts anticipated those expenses would reach about $150 billion this year. Chief Executive Officer Andy Jassy said the money “predominantly” would go toward the company’s Amazon Web Services cloud unit, and most...