Stock Market Today, Oct. 30: Amazon Misses Revenue and Earnings Expectations

Amazon stock fell 1.41% after missing Q3 revenue and earnings expectations, with concerns over heavy AI capital expenditures ($220B planned for 2026) and negative free cash flow of $42.4B over the trailing 12 months. However, AWS grew 39% year-over-year, and the company's $114B in liquidity provides a cushion. The broader market declined with S&P 500 down 2.07% and Nasdaq down 2.86%, while retail competitors Walmart and Costco gained.