Amazon AMZN traded at $256.68, down 3.52%, at 10:45 a.m. ET in November 5 regular trading. The retail and cloud giant’s session data showed shares under pressure, while its October 29 earnings put one business firmly in focus: AWS. Cloud demand and the cost of expanding AI infrastructure remain central to the investment case.
Amazon’s third-quarter results showed revenue of $201.9 billion and operating income of $28.1 billion. AWS contributed $46 billion in revenue and $17.8 billion in operating income, with cloud sales climbing 39.3% year over year against 12% growth across the company. That means AWS produced roughly 63% of operating income from just 23% of revenue, with an operating margin near 39%. These are the previously reported quarterly figures, rather than a fresh update on November 5.
The GuruFocus snapshot adds another angle: a GF Score of 94/100, with growth the strongest chart component and financial strength comparatively weaker. It also flags two severe warning signs…
