Despite Cloud Boom, Amazon's Stock Falls on Disappointing Earnings and Revenue Miss
6 Articles
6 Articles
Amazon recorded a net profit of US$ 20.7 billion in the third quarter of 2026, a decrease of 2% compared to the same period last year. Revenue grew 12%, to US$ 201.9 billion, but fell below market expectations.
(San Francisco = Yonhap News) Correspondent Kwon Young-jeon = Amazon, the world's largest cloud and e-commerce company, reported third-quarter revenue rising 12% year-on-year to 2,100...
Despite cloud boom, Amazon's stock falls on disappointing earnings and revenue miss
Shares of Amazon.com Inc. fell more than 7% in late trading today after the company missed expectations on earnings and revenue and reported rising negative free cash flow as it continues to throw billions of dollars at its cloud infrastructure build out. The company reported third-quarter earnings before certain costs such as stock compensation of […]
Amazon’s performance has been affected by its strong investment in artificial intelligence and property purchases. Amazon’s publication disappoints Wall Street in 3Q26 and its shares fall to 6.69% first appeared in EL CEO.
Online retail giant Amazon's July–September results fell short of analysts' expectations in terms of both operating profit and sales. The company's shares plunged several percent on Thursday after the results were announced. Amazon's operating profit grew by about 60 percent from a year ago, rising to $28.1 billion, or about 25 billion euros. The article Amazon's results fell short of expectations, the company's shares plunged was first publishe…
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