Amazon reportedly fell to about $214 after hours following its Q3 results, roughly 12% below its $243.79 pre-release close.
Amazon reportedly fell to about $214 after hours following its Q3 results, roughly 12% below its $243.79 pre-release close. A later report put the shares at $225.99, still down 7.3% from that close. Revenue and EPS missed estimates, and the Q4 revenue outlook midpoint came in below consensus.
I keep coming back to AWS growth and what Amazon is spending alongside it. AWS revenue rose 39.3% year on year to $46.0 billion, above the $45.29 billion estimate. That is the figure I find most encouraging in the report.
Q3 capital expenditure was $77.3 billion versus a $58.7 billion estimate. Amazon also reaffirmed its outlook for about $220 billion in 2026 cash capital expenditure, while trailing-twelve-month free cash flow was negative $42.4 billion. I want to see AWS growth earn that funding over time.
Online-store sales grew 2% to $68.47 billion, below the $69.68 billion estimate. My question is how this balance develops from here: AWS is growing quickly, but one strong quarter does not settle what that spending will produce. For me, the AWS result deserves attention, while the spending and retail figures deserve just as much scrutiny.
Source: https://www.tradingview.com/news/cnbctv:5d96deb50094b:0
Not financial advice. For informational and educational purposes only.
The Bank of Japan held its short-term policy rate at 1.25%, but I keep coming back to what the meeting says about the path ahead.
The Bank of Japan held its short-term policy rate at 1.25%, but I keep coming back to what the meeting says about the path ahead. ANI reports an 8-1 rate vote, with Hajime Takata preferring 1.5%. The rate hold sits alongside a firmer…
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…
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.