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The Zhitong Finance App learned that Amazon (AMZN.US) stock prices plummeted after announcing its third-quarter earnings report, but many Wall Street institutions are still optimistic. Amazon's financial report itself is not weak: revenue increased 12% year over year to US$2019 billion, operating profit jumped 61% to US$28.1 billion, and operating profit margin reached a record high. The focus of the market sell-off is not on current performance, and AI investment returns and free cash flow are under pressure.
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The Zhitong Finance App learned that Amazon (AMZN.US) stock prices plummeted after announcing its third-quarter earnings report, but many Wall Street institutions are still optimistic. Amazon's financial report itself is not weak: revenue increased 12% year over year to US$2019 billion, operating profit jumped 61% to US$28.1 billion, and operating profit margin reached a record high. The focus of the market sell-off is not on current performance, and AI investment returns and free cash flow are under pressure.
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