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, slightly under the expected $202.25 billion. The earnings decline was partly due to the absence of a $9.5 billion pre-tax gain from AI startup investments seen in the prior year. Amazon also forecasted fourth-quarter revenue between $240 billion and $247 billion, suggesting it might fall short of the $244.5 billion analyst estimate. Despite strong 39% growth in AWS revenue driven by AI investments, concerns remain as advertising revenue growth slowed and Prime Day timing shifted, impacting quarterly comparisons. Investors remain cautious about the return on heavy AI spending in the tech sector.
Amazon shares on Pluang dropped 11.04% to USD 226.49 as of Oct 30, 2026 03:24 WIB. The stock trades between a 52-week low of USD 198.79 and high of USD 284.02. Pluang investors show 60% buy interest despite the sharp daily decline.
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Alphabet's shares fell more than 10% in premarket trading after missing earnings and revenue forecasts, with AI chat tools eating into Google's Search revenue for the second consecutive quarter. This is concerning as Search is a key high-margin busin...
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