Veytics Intelligence
2026-11-02 · Yahoo

ETFs to Watch as Amazon Shares Slip Following Q3 Earnings Miss

Shares of Amazon.com AMZN slipped 1.4% in the last trading session, recovering from a plunge of more than 6% in after-hours trading on Oct. 29, following the release of its third-quarter results. The tech giant's rising free cash outflow marred the AWS unit's fastest sales growth of 39.3% in nearly five years, a tension directly reflected in the stock's volatility. Amazon also failed to meet Wall Street's expectations on both top and bottom-line fronts, further fueling investors' skepticism. Nevertheless, soaring sales growth in AMZN's cloud segment, combined with a steady full-year capital expenditure outlook, offered a temporary breather to market participants, helping the stock recover some losses by Friday's close.

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