Amazon's 2026 capital expenditure trajectory centers on aggressive AI infrastructure buildout, with management raising full-year guidance to $220 billion during the July 30 Q2 earnings release—up from the $200 billion February target—primarily due to elevated memory and chip costs. This follows Q1 spend of roughly $44 billion and Q2 outlays near $53 billion, placing the company on pace for record annual investment concentrated in data centers, custom silicon such as Trainium, and AWS capacity. Traders weigh strong AWS revenue momentum (37% growth reported in Q2) and hyperscaler peer trends against free-cash-flow compression and potential further upward revisions ahead of Q3 results. The guidance already embeds substantial AI-related outlays estimated near 80% of the total, creating a narrow band around threshold resolution depending on execution and any additional cost pressures.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$19,687 Vol.
$170 billion
93%
$180 billion
96%
$190 billion
96%
$200 billion
87%
$210 billion
70%
$220 billion
67%
$19,687 Vol.
$170 billion
93%
$180 billion
96%
$190 billion
96%
$200 billion
87%
$210 billion
70%
$220 billion
67%
The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered.
If the specified company's official earnings materials for the specified period are released, and the specified metric is not included, this market will resolve to "No".
If the specified company does not release earnings materials for the fourth fiscal quarter of 2026 by April 30, 2027, 11:59 PM ET, this market will resolve to "No".
If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market.
The resolution source for this market is Amazon's official company earnings materials for the fourth fiscal quarter of 2026, including press releases, investor presentations, and regulatory filings (including the Annual Report on Form 10-K). If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used.
Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Capital expenditures are defined as purchases of property and equipment as reported in Amazon's consolidated statements of cash flows under investing activities, consistent with how Amazon has historically disclosed this figure. Alternate metrics that differ in definition or scope will not be considered.
Market Opened: Apr 23, 2026, 6:16 PM ET
Resolver
0x65070BE91...The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered.
If the specified company's official earnings materials for the specified period are released, and the specified metric is not included, this market will resolve to "No".
If the specified company does not release earnings materials for the fourth fiscal quarter of 2026 by April 30, 2027, 11:59 PM ET, this market will resolve to "No".
If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market.
The resolution source for this market is Amazon's official company earnings materials for the fourth fiscal quarter of 2026, including press releases, investor presentations, and regulatory filings (including the Annual Report on Form 10-K). If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used.
Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Capital expenditures are defined as purchases of property and equipment as reported in Amazon's consolidated statements of cash flows under investing activities, consistent with how Amazon has historically disclosed this figure. Alternate metrics that differ in definition or scope will not be considered.
Resolver
0x65070BE91...Amazon's 2026 capital expenditure trajectory centers on aggressive AI infrastructure buildout, with management raising full-year guidance to $220 billion during the July 30 Q2 earnings release—up from the $200 billion February target—primarily due to elevated memory and chip costs. This follows Q1 spend of roughly $44 billion and Q2 outlays near $53 billion, placing the company on pace for record annual investment concentrated in data centers, custom silicon such as Trainium, and AWS capacity. Traders weigh strong AWS revenue momentum (37% growth reported in Q2) and hyperscaler peer trends against free-cash-flow compression and potential further upward revisions ahead of Q3 results. The guidance already embeds substantial AI-related outlays estimated near 80% of the total, creating a narrow band around threshold resolution depending on execution and any additional cost pressures.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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