Amazon (AMZN.US) Shares Plunge After Earnings; Wall Street Rushes to Voice Bullish Views: AWS Growth Thesis Unchanged

Zhitong Finance APP has learned that Amazon (AMZN.US) saw its share price fall sharply after announcing its third-quarter financial results, but a number of Wall Street institutions remain optimistic. Amazon's earnings report itself was not weak: revenue rose 12% year over year to $201.9 billion, operating profit jumped 61% to $28.1 billion, and the operating margin reached its highest level in history. The market selloff focused not on current-period performance, but on returns on AI investment and pressure on free cash flow.