Amazon Q3: small miss, AWS +39% to $46.0B; $77.3B capex is ~1.7x AWS quarterly revenue and AWS made 63% of operating profit
Amazon reported Q3 Thursday: a small miss on revenue and EPS, but AWS grew 39% to $46.0B. Shares fell over 7% after hours.
Q3 capex was $77.3B, ~1.7x what AWS sold in the quarter. AWS made 63% of operating profit. The cloud is carrying the whole company. Not financial advice.
https://www.cnbc.com/2026/10/29/amazon-amzn-q3-earnings-report-2026.html
Sources: Amazon Q3 2026 release: sales +12% to $201.9B, AWS +39% to $46.0B, op income $28.1B, AWS op income $17.8B · @KobeissiLetter: Amazon stock collapses over 12% after weaker than expected Q3, erasing $315B of market cap after hours
Not financial advice. For informational and educational purposes only.
For $INTC shareholders, PC weakness is setting the pace even as Data Center and AI revenue grows 78%.
For $INTC shareholders, PC weakness is setting the pace even as Data Center and AI revenue grows 78%. I think the Q4 outlook explains why shares fell 20.71% after hours to $73. Data Center and AI revenue…
Intel Q4 guide misses by ~$1.6B at the midpoint; Israel fab hit is ~$300M, so ~80% of the gap is the PC slump
Intel beat on Q3 Thursday but guided Q4 revenue to $15B to $16B vs ~$17.1B expected. Shares fell ~20%…
End-of-day recap
Oct 29 brought sharp tech drops, a cash deal and mixed index closes.
Oct 29 brought sharp tech drops, a cash deal and mixed index closes. Alphabet closed at $283.82, down 12.64%. Earnings and revenue missed expectations, and Search revenue missed forecasts for a second straight quarter. CNBC tied the drop to those results and fears AI chat and agents are taking Search volumes.
End of the Gold Standard — $35 Peg to $4,038 Gold
On August 15, 1971, Nixon closed the gold window, ending the dollar's fixed $35-an-ounce peg from Bretton Woods and setting gold free to float.
On August 15, 1971, Nixon closed the gold window, ending the dollar's fixed $35-an-ounce peg from Bretton Woods and setting gold free to float. Fifty-five years later, gold futures are at $4,038.20 an ounce, about 115 times the old peg.