Amazon is trading 7.1% down in pre-market at $226.38 on October 30 after earnings missed expectations and fourth-quarter guidance fell below consensus. - In its October 29 report, third-quarter revenue of $201.9 billion and EPS of $1.89 missed expectations; fourth-quarter revenue guidance was $240–$247 billion. - Investors are weighing the $220 billion 2026 capex plan and trailing twelve-month free cash flow of negative $42.4 billion. - AWS growth accelerated to 39.3%, while earnings and spending concerns align with pressure across technology stocks.