Amazon guided Q4 revenue to $240–247 billion, below analysts' $244.51 billion consensus, and shares fell as much as 12% in after-hours trading. Q3 AWS revenue rose 39% YoY to $46.0 billion, slightly above a 38.2% estimate. The company maintained full-year capital expenditure guidance at about $220 billion. The weaker Q4 guide, against a backdrop of rising gasoline and living costs, suggests U.S. consumer spending could tighten and weigh on retailers during the holiday season; investors remain fo

Amazon guided Q4 revenue to $240–247 billion, below analysts' $244.51 billion consensus, and shares fell as much as 12% in after-hours trading. Q3 AWS revenue rose 39% YoY to $46.0 billion, slightly above a 38.2% estimate. The company maintained full-year capital expenditure guidance at about $220 billion. The weaker Q4 guide, against a backdrop of rising gasoline and living costs, suggests U.S. consumer spending could tighten and weigh on retailers during the holiday season; investors remain focused on AWS despite retail driving most revenue.