Amazon posts negative free cash flow of $42.4 billion, holds 2026 capex unchanged

Amazon reported third-quarter results that fell below analyst expectations, prompting a sharp decline in its stock price during extended trading. The company’s earnings and revenue figures both came in short of Wall Street consensus forecasts.
The retailer and technology giant held its capital expenditure guidance unchanged, projecting spending of $220 billion for the full year. This decision comes as major technology firms have been engaged in substantial spending to build out artificial int