Amazon's third-quarter revenue rose 12% year over year and operating income rose 61%, driven largely by AWS, whose sales grew nearly 40% to $46 billion, its fastest pace in almost five years. Yet online store sales rose only 2% and third-party sales 9%, a marked slowdown; together, online and third-party sales were $115 billion of the $201.9 billion total. The article notes Amazon holds 40.5% of U.S. e-commerce according to Statista, and it keeps expanding ultrafast delivery and grocery offerings. Walmart's global sales rose 23% in the fiscal second quarter ended July 31, with U.S. sales up 24%, and its U.S. e-commerce share climbed from 6.7% to 9.2%. The author argues investors should not overlook e-commerce even as Amazon keeps investing heavily in AI.
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AMZNe-commercecloud computingWalmart
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Related tickers and likely impact
AMZN
▼ Likely negativeAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.6T |
| Close on 11/04/2026 | 266.14 |
| Change that session | +6.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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