Amazon (AMZN) reported third-quarter results after the U.S. market close on October 29, with cloud unit AWS revenue growing 39.3% year over year to $45.98 billion (about NT$1.5 trillion), its fastest growth in nearly five years. But that bright spot failed to outweigh market concerns over runaway capital expenditure on artificial intelligence infrastructure. With both quarterly revenue and earnings per share below analyst expectations, and free cash flow turning negative over the trailing twelve months, Amazon shares fell more than 10% at one point after hours before paring losses to close down 7.3% at $225.99.
Looking at the numbers, Amazon’s third-quarter total revenue was $201.94 billion (about NT$6.6 trillion), up 12% year over year and slightly below the $202.26 billion market consensus. Diluted earnings per share came in at $1.89, also below the $1.96 estimate. Net income was $20.69 billion (about NT$670 billion), down about 2% from a year earlier. The company explained that…
https://finance.biggo.com/news/8166da40-28e6-44ac-87eb-d6380d64c9a7
