Amazon is trading at $225.80, down 11.32%, after its Q3 report missed consensus on total revenue and earnings per share. The October 29 report revealed AWS growth at a five-year high and record operating income. Concerns about investment costs may intensify due to aggressive AI infrastructure spending and a trailing-twelve-month free-cash-flow outflow.
🔴 Amazon is trading 11.32% down in after-hours trading after Q3 revenue and EPS missed estimates