Amazon (NASDAQ: AMZN) shares fell sharply on October 29, 2026, after the company reported weaker-than-expected third-quarter earnings and issued a cautious holiday-quarter outlook.

The stock closed regular trading at $243.79, down 4.25%, before falling to approximately $228.50 in extended trading, a further decline of 6.3%.

• Amazon shares fell sharply after third-quarter earnings missed expectations and fourth-quarter guidance disappointed, despite record operating profitability.
• AWS growth accelerated to its fastest pace in nearly five years, but exceptionally high AI infrastructure spending raised concerns about future cash generation.
• Wall Street remains overwhelmingly bullish on AMZN, although existing price…