Amazon shares fell more than 9% after its third-quarter revenue and earnings missed expectations, while heavy AI investment pushed free cash flow into negative territory. AWS delivered strong growth, but cautious holiday-quarter guidance and plans for about $220 billion in 2026 capital expenditure heightened concerns over spending and future returns.
Amazon shares fell more than 9% after its third-quarter revenue and earnings missed expectations, while heavy AI investment pushed free cash flow into negative territory. AWS delivered strong growth, but cautious holiday-quarter guidance and plans for about $220 billion in 2026 capital expenditure heightened concerns over spending and future returns.
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