Amazon (AMZN.US) shares plunge after earnings, but Wall Street remains bullish: AWS growth logic unchanged

Jitom Finance APP has learned that after Amazon (AMZN.US) released its Q3 financial report, its stock price experienced a sharp decline, but several Wall Street institutions remain optimistic. Amazon's financial performance itself was not weak: revenue rose 12% year-on-year to $201.9 billion, operating profit jumped 61% to $28.1 billion, and its operating profit margin reached a record high. The market sell-off focused not on the current results, but rather on concerns over returns from AI investments and pressure on free cash flow.