Amazon Shares Fall After Q3 Results Miss Wall Street Forecasts As Big Tech Market Rout Continues

Summary
Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts’ expectations. Earnings per share came in at $1.89 on a diluted basis, down from $1.95 in the year-ago quarter, while total revenue climbed 12% to $201.9 billion. The consensus forecast from analysts called
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Amazon's cloud unit grew 39%, its fastest pace in nearly five years, beating forecasts
Amazon stock fell more than 7% in extended trading as total revenue and per-share earnings came in below analyst estimates
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Amazon Shares Fall After Q3 Results Miss Wall Street Forecasts As Big Tech Market Rout Continues
Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts’ expectations. Earnings per share came in at $1.89 on a diluted basis, down from $1.95 in the year-ago quarter, while total...





