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Amazon to report Q3 earnings amid investor concerns over $220B AI-related spending

Company Fundamentals
23 Oct 2026
Seeking Alpha
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Neutral
Amazon to report Q3 earnings amid investor concerns over $220B AI-related spending

Amazon.com, Inc. will release its Q3 earnings on October 29. Investors have recently been worried about the company's large capital expenditure, expected to reach $220 billion for the fiscal year, driven by AI-related investments. This $20 billion increase in spending guidance has put pressure on the stock despite a nearly 10% gain year-to-date. The earnings report will be closely watched to assess the returns on these significant investments, with shares currently rated as Hold ahead of the announcement.

Amazon shares trade at USD 249.25 on Pluang as of Oct 23, 2026 19:12 WIB, down 0.45% in the last day. The stock's market cap stands at $2.70 trillion with a 52-week range between $198.79 and $284.02. Pluang users hold Amazon shares for an average of 128 days, with current order activity showing 55% selling and 45% buying.

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