Amazon announced its third-quarter financial results for 2025, reporting revenue and earnings per share that surpassed analyst expectations. The company's performance was driven by continued strength in its Amazon Web Services (AWS) and advertising segments. Investors were particularly focused on the growth trajectory of AWS as a key indicator of the company's profitability and its position in the competitive cloud computing market. Despite the positive Q3 results, the company provided a cautious forecast for the upcoming fourth quarter, which includes the critical holiday shopping season. This conservative outlook appeared to temper initial investor excitement. While the specific figures of the Q4 guidance were a central point of analysis, the overall tone suggested potential headwinds. The market's reaction was mixed, with initial after-hours trading reflecting uncertainty as investors weighed the strong Q3 performance against the more subdued holiday quarter predictions. Analysts are now closely examining the details of the Q4 forecast to understand the factors contributing to the cautious guidance. The interplay between the better-than-expected third quarter and the reserved outlook for the fourth quarter will likely be a key topic of discussion in the coming days as the market digests the full impact of the announcement.