Amazon Stock Drops After Earnings: Can AMZN Recover From the Latest Sell-Off?
Photo: Coinpedia
Amazon shares fell 4.3% during Thursday's session and nearly 7% in after-hours trading after Q3 results disappointed investors. AWS revenue climbed 39.3% to $46 billion, but quarterly capital expenditure reached $77.26 billion as Amazon accelerates its AI infrastructure buildout. Management's $220 billion 2026 investment plan and negative free cash flow have shifted investor focus from cloud growth to the returns on AI spending. Amazon’s latest earnings report delivered strong growth in its cloud business but failed to ease Wall Street’s concerns about the cost of its AI expansion.
Source: Coinpedia
