In its third-quarter 2026 earnings call on Oct. 29, Amazon CEO Andy Jassy said AWS could become a business with trillion-dollar annual revenue within five to 10 years. AWS revenue grew 39.3% year over year to an annualized run rate of $184 billion, and Jassy expects growth above 40% in 2027 and 2028. Same-day delivery of perishable groceries is described as lifting purchases across other categories, with shoppers buying nearly seven times more Everyday Essentials units. Amazon plans to sell its Trainium AI chips outside AWS in late 2027 after strong outside demand. Capital expenditures are expected to reach about $220 billion in 2026, and management says it is accelerating capex payback.
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/30/2026 | 240.47 |
| Change that session | -1.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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