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Amazon Earnings, CapEx Concerns, Commodity AI

Stratechery 10 February 2026 11d ago
Amazon Earnings, CapEx Concerns, Commodity AI
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Relevance
14/25
Freshness
5/25
Authority
20/20
Brand Signal
10/15
Depth
6/15
Relevance Freshness Authority Brand Depth
Amazon's massive CapEx increase makes me much more nervous than Google's, but it is understandable.
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