Amazon Stock Takes a Beating, but Munster Sees AI Powerhouse, Jim Cramer Calls Earnings ‘Very, Very Good’

On Thursday, Amazon.com, Inc.(NASDAQ:AMZN) drew sharply different reactions after its third-quarter earnings report, with analysts highlighting booming AI demand and AWS growth. Amazon shares fell 4.25% to close at $243.79 during Thursday's regular session and dropped another 7.30% to $225.99 in after-hours trading, according to Benzinga Pro. Amazon's AI Infrastructure Spending Draws Attention Shay Boloor, chief market strategist at Futurum Equities, highlighted CEO Andy Jassy's comments that Amazon is installing an AI accelerator roughly every 14 seconds, with customers absorbing computing capacity almost as quickly as AWS brings it online. "And somehow we're still debating whether Amazon is spending too much on AI," he wrote on X.