Amazon's AWS growth still drives its valuation, making the post-earnings decline look temporary despite misses elsewhere. AWS grew 39% to $46 billion, above the $45.4 billion expected; Jassy sees growth above 40% in both 2027 and 2028. Earnings, advertising and Q4 sales guidance missed expectations, while trailing free cash flow was negative $42.4 billion. x.com  x.com 

Amazon's accelerating AWS growth at high margins shows the strength of its moat, but returns on heavy capex remain unproven. AWS grew 39% to $46B, its fastest growth in nearly five years, at a 38.7% operating margin; Amazon posted record operating income. Online stores grew 2%, while ads grew 11%, down from 26% last quarter. Trailing free cash flow fell to -$42.4B as net capex reached $210.7B. Returns on about $220B of planned 2026 capex remain the open question, with free cash flow the test. … Show more

Amazon's unusual long-term AWS guidance looks desperate and leaves its stock looking dead. @P_Remarks says Amazon normally avoids long-term guidance and speculates that its projection of over 40% AWS revenue growth in both 2027 and 2028 was a Hail Mary to offset a quarter weak relative to expectations. x.com 

Amazon's record AI spending looks backed by AWS demand, despite pressure on near-term profit. AWS grew 39% to $46bn, and CEO Andy Jassy projects growth above 40% in both 2027 and 2028. Quarterly capex reached $77.3bn, almost $20bn above expectations; the Q4 profit guide missed and retail ads softened. AWS acceleration makes the drop worth buying. Overweight; $370 target. x.com  x.com 

Amazon's AWS growth makes the earnings dip a buying opportunity. Sam Badawi says AWS grew 39% to $46 billion in the quarter; DudeWhoInvests says AWS is projected to grow more than 40% in 2027 and 2028. Buying the dip looks wise. x.com  x.com  x.com  x.com 

Amazon's negative free cash flow and far-off AWS guidance add to its investment risk. Free cash flow is -$42 billion. True_yes_man describes Jassy extrapolating fourth-quarter AWS revenue at 40% growth for five years. That guide cannot be taken seriously; it resembles the Tesla and Nvidia playbook of projecting years ahead to support the market into the midterms, then recalibrating later. x.com  x.com 

Amazon's AWS grew 39% on $46 billion of quarterly revenue, outweighing concern over the stock's 10% after-hours decline. Amazon is a buy below $200. x.com 

Amazon's faster AWS growth and broader profit support its investment case, but returns on infrastructure spending remain uncertain. AWS supplied about 60% of the $10.7B rise in operating income and North American retail about 37%. Trailing net capex of $210.7B exceeded $168.3B of operating cash flow. Much of the spend is on chips and servers with lives well under a decade; the test is how quickly capacity becomes AWS revenue. x.com  x.com  x.com 

Amazon's hundreds of billions in AWS GPU spending are generating billions in additional sales without the operating-margin payoff expected from that investment, worsening its credit risk. The attached AWS chart shows quarterly revenue rising from $23.1 billion in Q3 2023 to $42.2 billion in Q2 2026, alongside operating income rising from $7 billion to $16.6 billion; the concern is the return on the GPU spending. x.com 

Amazon's AWS acceleration is beginning to support the case for its heavy AI investment cycle. Q3 AWS revenue grew 39.3% to $46B and operating income rose 55% to $17.8B; company operating margin hit a record 13.9%. Andy Jassy says Prime Video generates tens of billions in annualized revenue and is independently profitable. The EPS miss, slower 11% ad growth and roughly $220B of 2026 capex remain worth watching, but the long-term view stays extremely bullish. x.com