Amazon posts Q3 revenue below estimates, Jordan Kerridge reports

Amazon posts Q3 revenue below estimates, Jordan Kerridge reports
Amazon falls short on Q3 expectations

Amazon reported $201.9 billion in revenue for the third quarter, coming in under the expected $202.26 billion. Earnings per share reached $1.89, also missing analyst forecasts of $1.97. Jordan Kerridge shared these figures in a recent update.

Kerridge has recently reported on U.S. Treasury plans to buy back up to $6 billion in longer-term debt to support market liquidity. He also covered Iran's statement that reopening the Strait of Hormuz could occur within a week if the U.S. accepts certain conditions, with attention on oil prices and inflation linked to the region. These updates provide context for ongoing developments in key economic and geopolitical areas.

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