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Amazon Shares Fall Nearly 7% Premarket, Putting ETF Exposure in Focus

The decline followed capital spending above expectations and slower growth in Amazon’s online retail business.

Unmarked parcels move along a quiet fulfillment center conveyor / TokenPost.ai
Unmarked parcels move along a quiet fulfillment center conveyor / TokenPost.ai

Exchange-traded funds with sizable Amazon holdings drew attention Friday as Amazon.com, Inc. (AMZN) slid nearly 7% before the U.S. market opened, following capital spending that exceeded expectations and slower online retail growth.

Amazon’s results were among the earnings events highlighted in TokenPost’s earlier preview of major technology companies and AI spending.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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