Amazon fikk inntekter på 201,9 milliarder dollar

Amazon, the e-commerce giant and artificial intelligence (AI) company, released its third-quarter financial results on Thursday. The company revealed plans to invest approximately $220 billion over the next few years. Following the release, Amazon's stock price fell by 4.65 percent on Wall Street at 21:40, after initially dropping more than 10 percent shortly after the announcement.

During the past twelve months, Amazon's free cash flow was a negative $42.4 billion, compared to a positive $14.8 billion in the same period a year earlier. The company attributed this decline mainly to increased investments in property and equipment, primarily related to AI data centers, according to Bloomberg and CNBC. Before the release on Thursday, Amazon's stock had fallen around 13 percent from record highs early in August.

Investors have been closely monitoring whether the growth of Amazon Web Services (AWS) can justify the company's significant investments in AI infrastructure. Some companies have faced resistance from investors following generous investments in AI. Google's parent company, Alphabet, fell by about 12 percent on Wall Street on Thursday, largely driven by disappointing results for its search engine service.

Amazon is also a co-owner of AI behemoth Anthropic, which has contributed to boosting the company's profits in recent quarters. Anthropic's soon-to-be disclosed shareholders have also committed to large purchases of data capacity from AWS.