Amazon.com just dropped Q3 2026 numbers that show a bruising hit to profit even as the business kept pulling in more sales. Net income landed at US$20.7b on revenue of US$201.9b, and earnings per share stepped down sharply from the unusually strong prior quarter. The stock told a different story. Shares came into today already under pressure over the past three months and slipped another 1.4% in the latest session. That move appears driven more by emotion around the profit reset than by a calm read of the broader earnings picture, which reflected record operating margins. Love Amazon.com's record operating margins but uneasy about the profit reset and recent share slide?
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