Amazon (AMZN) is down about 6% after hours primarily because it missed Q3 2026 expectations on both revenue and earnings, combined with heavy AI-related spending that has turned free cash flow sharply negative. Key results (Q3 2026) Revenue: $201.9 billion (up 12% YoY) vs. estimates around $202.
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Amazon earnings preview: AWS is booked up, and Wall Street wants to know what comes next
Headline from Geek Wire ·
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AWS growth hits 39%, its fastest in nearly five years, as Amazon misses on earnings
Amazon reports third-quarter earnings Thursday with more demand for its AWS cloud services than it can supply, after CEO Andy Jassy said capacity is booked for this year and most of next. Analysts expect revenue of about $202 billion, up 12%, as investors look for signals about the company's spendin…
Blistering cloud growth sent Amazon.com Inc. shares soaring after its last earnings report. Now with more than half those gains gone, the firm needs to deliver a repeat performance in order to reignite its faltering stock.
Amazon’s cloud business generated $46 billion in revenue in the third quarter, but the company missed Wall Street’s total revenue and earnings per share predictions.
Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts’ expectations. Earnings per share came in at $1.89 on a diluted basis, down from $1.95 in the year-ago quarter, while total revenue climbed 12% to $201.
Amazon Web Services revenue grew 39% to $46 billion in the third quarter, its fastest pace in nearly five years, and CEO Andy Jassy said he expects AWS to top 40% growth in 2027 and 2028. Amazon's earnings of $1.
E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarter Amazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report.
Amazon (AMZN) is down about 6% after hours primarily because it missed Q3 2026 expectations on both revenue and earnings, combined with heavy AI-related spending that has turned free cash flow sharply negative. Key results (Q3 2026) Revenue: $201.9 billion (up 12% YoY) vs. estimates around $202.
Similar to investor reaction to Alphabet Inc.’s earnings a day earlier, the stellar performance of Amazon.com Inc.’s cloud unit was overshadowed by jitters around other parts of the business when the company reported third-quarter results on Thursday.
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