Amazon (AMZN) closed at $243.79 on Oct. 29, down 4.25%, on trading volume of 70.8 million shares, about 81% above its three-month average of 39.2 million. After the bell, the stock fell further as third-quarter revenue of $201.9 billion, up 12% year over year, and diluted EPS of $1.89 came in below Wall Street's expectations of $202.2 billion and $1.97. AWS sales grew 39% to $46 billion in the quarter, up from 37% in Q2, and management projects AWS growth will exceed 40% in 2027 and 2028. Amazon forecast fourth-quarter revenue of $240 billion to $247 billion, versus analysts' average estimate of $244.51 billion, and $220 billion in capex for 2026.
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AMZNearningscloud computingcapital expenditure
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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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