Regular session
$256.61
-5.55%open $271.68
A 5.55% drop to $256.61 takes roughly $155 billion off a $2.8 trillion company in one session, a move this megacap rarely makes. Whether buyers step in near the lows is the thing to keep an eye on.
Latest Activity
PodcastMad Money w/ Jim Cramer
Mad Money w/ Jim Cramer 11/4/26
- Cramer ties Apple's 5.3% jump and record high to hopes midterm results slow data center building and cap DRAM prices
- T-Mobile's new plans cut the $2,000 iPhone Duo to as low as $800 in family bundles, protecting Apple volumes
- Microsoft rose 6.7% and Amazon 6.1% on the idea cheaper, scarcer data centers enforce capex discipline
- AMD's big beat finished up only 1%; Nvidia fell 6.5% on the day, down from $239 to about $200
Cramer's read flips the AI trade on its head: regulation that curbs data center construction relieves memory costs for Apple and spending pressure for Microsoft and Amazon, while hitting the chipmakers that need the build to continue. He cautions the move is only a one-day trade, with Friday's payroll report capable of undoing much of it.
Q4 2026
EPS
$2.17
est $2.16+0.6%
Revenue
$10.32B
est $10.14B+1.8%
Automotive revenue jumped 89% to a record $1.99 billion, offsetting a decline in handset chip revenue. Amon is calling fiscal 2027 the start of a non-handset inflection, reiterating a $5 billion data center target alongside a new Amazon AI infrastructure collaboration.
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PodcastMad Money w/ Jim Cramer
Mad Money w/ Jim Cramer 11/3/26
- Cramer calls the mega caps millstones: Nasdaq rose 0.83% while the Dow fell 197 points
- Strong after-hours results from AMD and Arista Networks as proof non-Magnificent-Seven tech can lead
- Oracle's $10 billion block priced at $116 and traded to $126, a sign buyers see a floor in tech
- Wants a crescendo washout before committing more; Apple's reaction and a Palantir selloff weighed
The leadership baton is being passed to second-tier data center names, and Cramer would rather own companies with clean balance sheets than the big caps issuing debt and equity to stay in the AI race. He is not calling a bottom yet: without a high-volume reversal day, he keeps money elsewhere.
PodcastMad Money w/ Jim Cramer
Mad Money w/ Jim Cramer 11/2/26
- Oil's drop pulled long rates down, lifting Amazon, Capital One, JP Morgan, Costco and Walmart on no company news
- Non-tech growth is where the money went: medical devices like Medtronic and Intuitive Surgical, plus staples Pepsi and P&G
- Apple's record September quarter beat on iPhone and Mac, but Cramer expects the stock lower short term on guidance
- Oracle filed to raise $20 billion days after saying it would limit raises; Intel seen losing PC share to AMD
The call is that falling long rates are repricing everything outside tech right now rather than earnings, and Cramer says growth stocks away from semis are the clean way to play it. He is warning Apple holders that guidance will disappoint even after a record quarter, and he is openly annoyed at Oracle for raising capital immediately after promising restraint.
Portfolio concentrationAmazon.com
99.7%in the top 5 names · 6 long positions disclosed
- RIVNRIVIAN AUTOMOTIVE INC62.7%
- X-ENERGY INC24.7%
- BETABETA TECHNOLOGIES INC6.9%
- MRVLMARVELL TECHNOLOGY INC2.8%
- ALABASTERA LABS INC2.6%
As of Sep 30, 2026 · disclosed Nov 3, 2026 · ~45 days stale — long positions only.
Nearly 100% of Amazon's disclosed equity book sits in just five names, with Rivian alone at 62.7% as of September 30. The reportable portfolio is a narrow bet on EVs, nuclear and AI silicon.
- 1INTCbearish122 comments · 3.2K upvotes
- 2GOOGLsplit794 comments · 1.0K upvotes
- 3MSFTsplit671 comments · 661 upvotes
- 4AMZNsplit592 comments · 672 upvotes
- 5RDDTsplit415 comments · 745 upvotes
Intel tops the board on the fewest comments of the group, with 3,184 upvotes piled onto a bearish take. Big Tech names stay split ahead of earnings, Reddit's own stock is heating up, and Caterpillar chatter is souring.
Source: RedditFour of the market's largest cash machines now spend $201.9 billion a quarter on AI buildout, so the free cash flow that funded buybacks and dividends is the line to watch next earnings season.
AI is burning Big Tech's free cash flow: The combined CapEx of Amazon, $AMZN, Alphabet, $GOOGL, Meta, $META, and Microsoft, $MSFT, rose +$36.9 billion in Q3 2026, to a record $201.9 billion. This figure has more than doubled over the last 12 months and is up +356% since Q1 https://t.co/1bDyyin35Y
- Replies7
- Reposts11
- Likes37
UBS is underwriting AWS growth above 40% into 2027-28, which is the bull case investors are being asked to pay for while AI capex squeezes free cash flow.
Wall Street updates its price targets on Amazon $AMZN following its Q3 earnings, with analysts highlighting strong long-term AWS growth despite rising AI spending and free cash flow pressure: UBS: $348 → $352 (Buy) – AWS growth outlook above 40% for 2027-28 supports confidence https://t.co/75RrD4q2Eh
- Replies1
- Reposts1
- Likes17
Q3 2026
EPS
$1.89
est $1.96-3.5%
Revenue
$201.94B
est $202.20B-0.1%
AWS revenue grew 39% to $45.98 billion, its fastest in nearly five years, with Jassy projecting over 40% growth in both 2027 and 2028. Amazon is holding 2026 capital spending at roughly $220 billion to feed it, while EPS and revenue came in narrowly missing expectations.
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AMZN Coverage
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Stock Market Today: Rotation Away From AI Stocks Increases as Money Flows to AI Landlords
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This Magnificent 7 Stock Is Quietly Building an AI Empire
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