Dhaka, Oct. 30 -- Amazon.com on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signalled higher capital expenditures next year atop an already huge amount in 2026.

Amazon's cloud computing cash cow, Amazon Web Services, continued to accelerate, but the company's aggressive spending to capture AI demand overshadowed broader growth that ‌investors typically crave - with more such spending to come.

The Seattle-based retailer expects revenue between $240.0 billion and $247.0 billion in the fourth quarter, bracketing estimates of $244.51 billion, according to LSEG, but its midpoint of $243.5 billion came in slightly lower.

Investors soured on the company, driving shares down as much ...