Amazon shares fell after third-quarter results, as revenue of $201.94B came in just below the $202.20B estimate and EPS of $1.89 missed the $1.96 consensus. Fourth-quarter sales guidance of $240.0B to $247.0B was below estimates at the midpoint, while capex reached $77.26B in the quarter and trailing free cash flow was an outflow of $42.4B. On the other side, operating income rose 61.15% to $28.08B, a 13.9% operating margin the company called its highest ever, and AWS revenue grew 39.3% to $46B with a $578B backlog. CEO Andy Jassy forecast AWS growth above 40% in 2027 and 2028. Jim Cramer argued this is a good time to accumulate the stock, UBS raised its price target to $352 from $348, and the article flags rising capex and interest expense of $1.691 billion versus $538 million a year earlier.
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AMZNearningscloud computingAI investment
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Related tickers and likely impact
AMZN
▼ Likely negativeAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.6T |
| Close on 10/30/2026 | 240.47 |
| Change that session | -1.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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