Amazon shares fell 4.25% to close at $243.79 in Thursday's regular session and dropped another 7.30% to $225.99 after hours, following its third-quarter report. Shay Boloor of Futurum Equities highlighted CEO Andy Jassy's remark that Amazon installs an AI accelerator roughly every 14 seconds, with customers absorbing capacity almost as quickly as AWS adds it, and noted more than 1 million warehouse robots in its fulfillment network. Futurum Group CEO Daniel Newman said AWS growth of more than 39% was its fastest in five years, but cautioned that other parts of Amazon's business are softening. CNBC's Jim Cramer wrote that Amazon and SBUX were “very, very good” despite a difficult trading session.
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AMZNearningscloud computingartificial intelligence
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.6T |
| Close on 10/29/2026 | 243.79 |
| Change that session | -4.25% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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