Amazon Stock Skyrockets on Q3 Blowout – Could $300 Be Next? Pre-Market Brief — Nov 3, 2025
Amazon shares jumped 9.6% to a record $244.22 on Oct. 31 after Q3 revenue and profit beat estimates. AWS cloud sales rose 20% to $33 billion, the fastest growth in years. Amazon announced 14,000 corporate job cuts and settled an FTC case for $2.5 billion. The stock is up about 10–12% year-to-date after lagging big-tech peers for much of 2025.