Amazon Reports Q3 Earnings Miss Amid Cloud Growth and AI Spending

• Amazon reported third-quarter revenue of $201.9 billion, missing expectations.
• Amazon's cloud computing unit is growing steadily, keeping pace with AI demand.
• Amazon's profit was $20.7 billion, falling short of expectations.
• Amazon shares fell as much as 9% in after-market trading.
• The company reported a negative free cash flow of $2.4 billion.