Amazon (AMZN) News for Week 8, 2026

from Magnificent 7 Weekly News Podcast · host TickerWatch

This week for Amazon: a historic milestone and a spending plan that has Wall Street on edge. The e-commerce and cloud giant officially overtook Walmart as the world’s largest company by revenue, a symbolic shift in the retail landscape. But this victory was overshadowed by intense investor anxiety over the company’s aggressive spending on artificial intelligence, which wiped out hundreds of billions in market value during a prolonged losing streak. With legendary investors like Warren Buffett slashing their holdings while others double down, the big question is: is Amazon’s massive AI bet a money-burning furnace or the foundation for its next decade of dominance?

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This episode was published on February 21, 2026.

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