Amazon Misses Q3 as Jassy Says AWS Will Be $1T — SkimNews
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- Amazon missed Q3 earnings, sending its stock lower.
- Andy Jassy said AWS will be a $1 trillion business, but it will spend big first, while Amazon posted negative free cash flow of $42.4 billion and held its 2026 capex unchanged.
Why it matters: The coverage converges on near-term pressure for Amazon shareholders: the Q3 miss sent shares lower, free cash flow was negative $42.4 billion, and 2026 capex stayed unchanged. Jassy’s $1T AWS promise does not erase those immediate numbers, the tension a forecast-led frame can obscure.
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