The technology bull market is beginning to stagger just a bit. Amazon (AMZN +1.37%) stock fell again after it reported earnings last week, and while it has rebounded modestly, as of midday Monday, it is still down 11% from its peak.
Earnings came in at record levels, yet investors remain nervous about the technology giant in e-commerce and cloud computing. Understanding why could help inform your decision about whether or not you should buy Amazon shares right now.
AMZN Amazon
$248.99+$3.36 (+1.37%)
NASDAQ · As of 12:57 PM ET 11/03/26
Robust cloud demand but a dent in cash flow
In the third quarter, Amazon’s cloud division, Amazon Web Services (AWS), was the star of the show yet again. Revenue was up 39% to $46 billion, one of its fastest growth rates in years, with phenomenal earnings of $17.8 billion, resulting in a margin of 39%. Management is guiding for year-over-year revenue growth of 40% in 2027 and 2028, which would essentially double AWS’ sales in just two years.
The…
https://www.fool.com/investing/2026/11/03/amazons-earnings-just-hit-a-record-high-so-why-is/
