Amazon (AMZN) Stock Skyrockets: Q3 Beats, Cloud Boom & $2.5B FTC Win
Amazon shares traded near $227, down 1.1% intraday ahead of Q3 earnings due after the Oct. 30 close. Wall Street expects around $177–178 billion in revenue and $1.57 EPS, with focus on AWS cloud growth and AI investments. AWS revenue grew 17.5% last quarter; analysts see 18–20% growth in Q3. Advertising sales rose 23% in Q2, now making up 10–15% of total sales.