AMZN tanks 10% after big spend forecast and tiny EPS miss what’s next?

Amazon just dropped its Q4 numbers after the bell and the stock is getting hammered down \~10% in after-hours trading. Here’s the key stuff vs. estimates (LSEG/StreetAccount): • **EPS:** $1.95 vs $1.97 expected • **Revenue:** $213.4B vs $211.3B expected • **AWS revenue:** $35.6B vs $34.9B expected • **Ads revenue:** $21.3B vs $21.2B expected So revenue beat, AWS & ads slightly beat too, but the miss on EPS combined with a **$200B+ spending forecast** spooked the market hard. Link to CNBC for details. Feels like the beat/miss isn’t that bad is this just selling the good news or something deeper? Thoughts on valuation and spending guidance?