Bernstein analysts said Amazon’s third-quarter advertising revenue growth slowed year on year to 12%, below expectations, raising concerns that AI could change consumer behavior and disrupt the search business model. Amazon’s guidance for fourth-quarter advertising growth was relatively optimistic.
PANews, citing the SEC filing, reported that, as of September 30, Amazon held 164000000 shares Anthropic of non-voting preferred shares and stated that in the third quarter it would invest the remaining 21300000000 USD committed investment in OpenAI Series C preferred shares.
A Chinese-language report asks:AWS Why has Amazon experienced cash outflows while its earnings are growing? The material provides no specific financial data or reasons.
Intel fell 22%in after-hours trading, with its fourth-quarter revenue guidance below market expectations; Amazon fell nearly 12%in after-hours trading, with quarterly revenue slightly below expectations, while its Q4 guidance was close to expectations.
Amazon's third-quarter net sales increased year on year 12%to 201900000000 USD,AWS Sales increased year on year 39%to 46000000000 USD. After the earnings release, Amazon fell more than in after-hours trading 7%。
PANews cited Bloomberg as saying that Amazon introduced several hardware products, including Echo Show 16, Echo Dot, Echo Studio, and Echo Time, centered on Alexa, and disclosed some pricing and shipping arrangements.
As of 2026 year June, Amazon's net profit over the past 12 months was 135000000000 USD, but free cash flow fell to −7600000000 USD, compared with 1 in the previous period 18200000000 USD。
BlockBeats reported that Morgan Stanley raised AMZN's target price to 350 USD and named it a top pick. During the same period, accounts on Hyperliquid opened a combined approximately 3836800 USD AMZN perpetual long position.
Amazon has launched two wearable AI voice recording devices, Bee Frontier and Bee Eclipse, and connected some functions to Alexa+and Amazon.com shopping recommendations. Frontier is now available; Eclipse is not yet available.
BlockBeats reported that Musk said on X, in response to a post about Amazon restricting Grok from placing orders, that perhaps a company should be started to compete with Amazon.