<!-- wp:html --><p class="copyright">Brendan McDermid/Reuters</p>
<p>Amazon couldn't save Big Tech.</p>
<p>The ecommerce king's shares were down more than 17% after hours following the company's announcement that fourth-quarter sales will be well below the current Wall Street consensus.</p>
<p>Amazon said it expected fourth-quarter sales of $140 billion to $148 billion, below analysts' view of $155.37 billion.</p>
<p><em>This is a developing story; please check back for updates.</em></p>
<div class="read-original">Read the original article on <a href="https://www.businessinsider.com/amazon-q3-earnings-report-weak-stock-down-2022-10">Business Insider</a></div><!-- /wp:html --> Brendan McDermid/Reuters
Amazon couldn’t save Big Tech.
The ecommerce king’s shares were down more than 17% after hours following the company’s announcement that fourth-quarter sales will be well below the current Wall Street consensus.
Amazon said it expected fourth-quarter sales of $140 billion to $148 billion, below analysts’ view of $155.37 billion.
This is a developing story; please check back for updates.