Amazon earnings put $46 billion in AWS revenue alongside roughly $220 billion in capital spending

An October 30 market update said AWS brought in $46 billion as Amazon reaffirmed roughly $220 billion in capital spending and showed negative free cash flow. It said shares were down more than 6% before the open. Another market observer later said the stock had pared an initial 10% earnings-related drop to 2% and argued that Amazon’s logistics, Prime, advertising and AWS businesses remained strong.