Amazon shares fell about 7% in after-hours trading after its third-quarter report, as revenue rose 12% to $201.9 billion, slightly below the $202.3 billion estimate. Operating income climbed 61% to $28.1 billion, but free cash flow over the past four quarters showed a $42 billion loss, and the company kept its $220 billion capex forecast for the year. CEO Andy Jassy said the company could have two businesses with over $1 trillion in annual revenue within 5-10 years: e-commerce, which generated $638.3 billion over the last four quarters, and Amazon Web Services, which brought in $165.2 billion. The article notes the company expects at least 40% AWS growth in 2027 and 2028, after which 20% annual growth would illustratively reach $1 trillion, and argues the stock now trades at a lower price after the sell-off.
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AMZNcloud computinge-commerceearningsvaluation
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Related tickers and likely impact
AMZN
▲ Likely positiveAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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