Schwab Network on $AMZN (Oct 30, 2026)
AMZN's guidance came in below market expectations and it missed current-quarter revenue and profit targets; AWS still grew around 39-40% year-over-year, but retail is slowing slightly and continued capital spending drove free cash flow negative, which markets would not accept. The stock was down only about 2.4% today after a 6.5-7% overnight drop, and whether it holds is left open.
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I mean, Katie, you and I, and Molly too, were analyzing these numbers from Amazon, from Intel, and from SanDisk .
We also had the Amazon report yesterday. The forecasts came in below market expectations and failed to meet the revenue and profit targets for the current quarter, while Amazon Web Services ( AWS) continues to show a really good growth rate of around 39 to 40% year-over-year.
However, they are experiencing a slight slowdown in their retail or online business, in addition to continued capital spending, creating a situation that results in negative free cash flow.
This , of course, as it continued to expand or deepen into the negative range, was not acceptable to the financial markets towards such companies.
But what we are seeing today for Amazon is actually a slight recovery. I mean, the stock is down by only about 2.4%, and considering the decline we saw last night of approximately 6.5% to 7%, the stock is now trying to regain its balance.
Let's see if he can hold here and not collapse during the rest of today's session.
What this channel has said about $AMZN
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