Schwab Network on $AMZN (Oct 30, 2026)

Amazon has not even been included in this calculation yet. And once again, a 7 % drop for Amazon and other price movements have not yet been factored into this. I know very well that Amazon and Alphabet do not actually belong to the technology sector .

I didn't think Amazon's figures were that bad. We will come back to that shortly, except for the investments (CapEx). Those investments are worrying traders and investors.

Look, the numbers are a lot bigger. Even if you look at Amazon's revenue, for example. That is lower than analysts' estimates , the public consensus of 202 billion. It is 201.94 billion below that.

I mean, we're talking about fractions of a percent here, Kevin. I know that the investments are being scrutinized , but it is not a new story . To me, it is as if I see the disappointment in some people.

But the way they react, I don't want to exaggerate, but I'm going to do it anyway. It's as if these companies are going bankrupt, Kevin. Amazon has just earned 200 billion dollars in a single quarter.

But Amazon, you know, they’ve been through this dozens of times, where they spend money and invest, and then sit back and the money flows in. Do n't forget, 201.9 billion dollars, not in a year, Alex.

That is Amazon's revenue in 90 days, but the market is uncomfortable with $42 billion in capital expenditures and a stagnation of $220 billion for the entire year.

But if a company can handle this type of capital expenditure and investment , it is not that unusual for a stock like Amazon. So of all these names, Amazon is the one I am really going to keep an eye on today to see if buyers step in after a dip.

Because the stock has already weakened somewhat in the run-up to the figures.

So, of all these stocks we are going to talk about today, Amazon is the one I am really going to keep an eye on today, Alex, because these figures are quite spectacular and you want to avoid small misses.

Do n't forget that we are talking about a quarter in which you had Prime Days in the past . And now, in this quarter, for the first time, not. So there were many moving targets.

And the fact that they have achieved these figures is quite spectacular, but as you know, Alex, we trade largely based on expectations and what the market expects. Well, these figures look pretty solid, and capital expenditures are nothing new for a company like Amazon .