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Amazon Q3 miss sends shares plunging

Amazon stock plunged over 12% after hours following weaker-than-expected Q3 earnings, wiping out $315 billion in market cap.

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Key points

  • Amazon reported $201.9 billion in revenue for Q3 2026, missing expectations.
  • Amazon stock $AMZN fell 11% after the revenue report.
  • @KobeissiLetter said Amazon stock $AMZN collapsed over -12% after weaker than expected Q3 earnings, erasing -$315 billion in market cap in after hours trading.

Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI

Original post

The Kobeissi Letter @KobeissiLetter 2.7M followers

BREAKING: Amazon stock, $AMZN, collapses over -12% after reporting weaker than expected Q3 earnings. The stock has now erased -$315 billion worth of market cap in after hours trading. https://t.co/PktjkI1Gbx
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What others are saying

2 more
  1. Watcher.Guru @WatcherGuru 2,323

    Amazon reports Q3 2026 revenue of $201.9B, missing expectations, sending AMZN down 11%, though AWS sales beat.

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  2. Amazon Q3 EPS of $1.89 missed the $1.96 estimate and revenue of $201B fell short of the $202B estimate.

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Top replies on X

Reaction on X: Replies were mostly jokes and disbelief, with users mocking the idea that $200 billion in revenue is disappointing and asking who among the Magnificent 7 is next after $GOOGL and $AMZN. One reply wondered whether this could be a bottom like March and July. The original poster did not respond.

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From @NFTanner3, @Mr_CoinMaster, @0xcoinn and others. Spam removed, with English and Chinese translations.

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