Amazon (AMZN) will report third-quarter results on Thursday, a day after Google (GOOG, GOOGL) posted disappointing earnings that sent its shares down more than 12%. Microsoft (MSFT), which reported better-than-expected results on Wednesday, saw its stock rise. According to Bloomberg analyst consensus, Amazon is projected to post EPS of $1.97 on revenue of $202.25 billion, versus EPS of $1.95 and revenue of $180.16 billion a year earlier. AWS revenue is expected at $45.68 billion, up 38% from $33 billion in Q3 2025, with online store sales at $69.6 billion (up 3%) and advertising at $20.91 billion (up 18%). Investors will also watch capital expenditures tied to the AI buildout; a pullback could lift Amazon's stock but pressure the broader AI industry, including chipmakers and neocloud providers.
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Related tickers and likely impact
AMZN
▲ Likely positiveAmazon
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/28/2026 | 254.65 |
| Change that session | +0.61% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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