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Amazon's stock dropped after its third-quarter report, which showed lower sales and profits than expected.

ResultsRead the original at Benzinga
Neutral

Amazon missed sales and profit estimates, but AWS grew quickly as other parts weakened. Those mixed results leave the company's overall direction unchanged.

AMZN · Amazon.com, Inc.

AI read · Neutral

The AI's read

AWS growth and management's expected pace for 2027 and 2028 show why cloud computing could become a larger part of Amazon. But the sales and per-share profit misses, plus reported weakness elsewhere, keep the report mixed. The fourth-quarter sales range also falls both below and above analysts' estimate.

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