The Zhitong Finance App learned that on Friday, Amazon (AMZN.US) opened sharply lower. As of press release, the decline was about 5%, down more than 18% from the August high, with a market value of 2.52 trillion US dollars. According to the news, Amazon announced that for the third quarter of this year ending September 30, 2026, the company's net sales rose 12% year on year to US$2019.4 billion, slightly lower than analysts' expectations of about US$202.26 billion; diluted earnings per share (EPS) fell about 3.1% year over year to 1.89 US dollars, while analysts expected a slight increase of 0.5% year over year to US$1.96 billion; while operating profit increased 61.5% year over year to US$28.08 billion, more than 7% higher than market expectations. The operating margin rose to 13.9%, the highest level in the company's history.

The third-quarter financial report showed obvious duality: core operating profit was stronger than expected, and the much-publicized cloud computing business AWS maintained rapid growth, but the core business e-commerce growth was weak, the company's total revenue and EPS profit fell short of Wall Street expectations, and AI-related capital expenditure continued to be high, heating up market concerns about free cash flow and return on investment cycles.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.