JPMorgan Expects Amazon's Capital Spending to Surge 77% Next Year

Amazon ($AMZN) is expected to spend approximately $220 billion on capital expenditures this year.
JPMorgan ($JPM) estimates that Amazon's capex could increase by roughly 77% next year, reaching $395 billion, according to Yahoo Finance's Brian Sozzi.
The projected increase highlights the scale of Amazon's planned investment in infrastructure and long-term growth.