US Stock Market Move | Amazon.com, Inc. (AMZN.US) stock price fell after earnings report, dropping more than 4% at one point.

On Friday, the stock price of Amazon.com, Inc. (AMZN.US) fell after the earnings report, dropping more than 4% and falling below $230. The company's Q1 revenue and operating profit guidance was lower than expected. In terms of news, Amazon.com, Inc. reported a net revenue of $187.92 billion in the fourth quarter, a 10% year-on-year increase, which was slightly higher than analysts' expectations of $187.318 billion. The adjusted earnings per share was $1.86, higher than analysts' expectation of $1.50. The company's capital expenditure in the quarter reached a record high of $27.8 billion, exceeding analysts' expectations of $22.3 billion. Additionally, due to adverse currency exchange rates, Amazon.com, Inc. provided lower-than-expected guidance for the first quarter, with the company estimating net revenue to be between $151 billion and $155.5 billion, and operating profit to be between $14 billion and $18 billion, both below analysts' expectations of $158.64 billion and $18.24 billion respectively.