Amazon (AMZN) shares kept falling in premarket trading after the company missed third-quarter revenue and earnings estimates, with its capital expenditure in the quarter reaching $77 billion. Revenue rose 12% to about $202 billion but came in below expectations, and some commentators said weakness in retail may have contributed to the decline. Analyst Dan Ives says the heavy spending is the price of leadership, while CEO Andy Jassy expects AWS to grow above 40% in each of the next two years. The discussion also raised questions about how AI shopping agents could affect Amazon in the future, though no one has a clear answer yet.
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| 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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