Amazon's third-quarter earnings fell short of analyst expectations for both total revenue and earnings per share, with net sales at $201.9 billion versus the expected $202.2 billion, and EPS at $1.89 against $1.97 expected. However, its cloud division, Amazon Web Services (AWS), was a bright spot, posting $45.98 billion in sales, beating estimates and growing 39% year-over-year. The company reported a significant cash burn, with free cash flow dropping to negative $42.4 billion over the past 12 months, largely due to heavy investments in AI. Amazon expects to spend about $220 billion in capital expenditures for 2026, nearly matching its forecasted Q4 sales, highlighting its aggressive investment strategy despite short-term financial pressures.
Following Amazon's mixed earnings report, the stock experienced a sharp decline, dropping 9.81% in one day to USD 229.62 on Pluang as of Oct 30, 2026 04:31 WIB. Despite the sell-off, the platform shows a balanced interest with 60% of orders to buy and 40% to sell. Amazon's market capitalization remains substantial at $2.75 trillion, reflecting its significant presence in the consumer cyclical sector.
Amazon's shares fell up to 9% in after-hours trading following a third-quarter earnings report that missed Wall Street expectations. The company reported earnings per share of $1.89, below the forecast of $1.97, and revenue of $201.9 billion, slightl...
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