Amazon's third-quarter revenue rose 12% to $201.9 billion and operating income jumped 61% to $28.1 billion, a record 13.9% margin, though EPS of $1.89 missed the $1.96 estimate. AWS grew 39% to $46.0 billion with a $496 billion backlog, and CEO Andy Jassy expects AWS to grow more than 40% in both 2027 and 2028. Capex reached $77.3 billion against a $58.7 billion consensus, pushing trailing free cash flow to negative $42.4 billion, and Amazon plans to spend meaningfully more in 2027. Guidance for the final quarter of the year, $240 billion to $247 billion in revenue, has a midpoint below consensus. The stock closed at $240, down 1.4% and 16% below its 52-week high of $287, ahead of the full-year report expected February 4.
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AMZN
▲ Likely positiveAmazon
Relevance: medium
| 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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