Amazon missed analyst estimates on both quarterly revenue and earnings, sending shares down more than 6% after hours. The company earned $1.89 per share on revenue of $201.94 billion, versus expectations of $1.96 and $202.10 billion, and sees fourth-quarter revenue of $240 billion to $247 billion against a consensus of $244.30 billion. The report comes amid investor concern over heavy AI infrastructure spending and debt issuance, while Amazon holds a major AI position through AWS and its investment in Anthropic, which has filed for an IPO.
Summary written by Upside AI from the original article. Read the source for full details.
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AMZNearningsAI investmentAnthropicIPO
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Related tickers and likely impact
AMZN
▼ Likely negativeAmazon
Relevance: high
| 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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