Does Wall Street think Amazon's $77 billion capex was worth it?

Amazon (AMZN) stock continues to see red in Friday's pre-market trading after the tech giant missed both third quarter revenue and earnings estimates. The tech stock The 8:30 Hosts Jake Conley and Julie Hyman are joined by Barron's associate editor Al Root to discuss Amazon's massive $77 billion in capex spending over this last quarter. Video Transcript 00:00 Speaker A Let's kind of dig into Amazon specifically here for a minute here. So the CapX number we're talking about, we've been talking around CapX. The actual number is $77 billion in the third quarter. 00:08 Speaker B Golly. 00:08 Speaker A Um 00:10 Speaker A Yeah. 00:11 Speaker B What's $77 billion between friends at? 00:13 Speaker A Um, sales.