Amazon's AWS revenue reached $45.98B, up 39% year over year, its fastest growth in nearly 5 years, while AWS operating income rose from $11.43B to $17.77B and backlog stands at $578 billion. Customers are absorbing AI capacity almost as fast as Amazon installs it, and capex is climbing toward $220 billion in 2026 after $77.26B in Q3 alone. Retail profitability also improved, with North America operating income at $8.72B and a company-wide operating margin of 13.9%, a record. The author, who has added to the position, cites risks including heavy spending, memory chip supply, tariffs, and a trailing free cash outflow of $42.4B. Q3 GAAP EPS of $1.89 missed the $1.96 estimate, and the stock fell 1.3% over the past year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Amazon’s Good Problems to Have Keep Me Hitting The Buy Button
Read the original on Yahoo Finance ↗
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AMZNcloud computingAI investmentearnings
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AMZN
▲ Likely positiveAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.6T |
| Close on 11/03/2026 | 250.74 |
| Change that session | +2.08% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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