Alright, traders—Amazon just laid out their Q3 earnings, and it’s nothing short of 🔥. We’re talking a big beat on revenue and some serious after-hours momentum. Amazon (AMZN), the giant in retail and cloud, pulled in $158.9 billion in sales this quarter, up 11% year-over-year, with earnings per share at $1.43—way above what Wall Street expected. This surprise boost has AMZN up almost 5% after-hours, so you know it’s setting up for some fast moves come market open.

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Before diving into today’s top movers, let’s look at the market’s key news items shaping the tone for trading. These highlights provide context, offering tradeable insights across sectors and helping you anticipate broader market moves.

Amazon’s showing strong gains in two key moneymakers: AWS and ads. AWS is up 19%, raking in $27.4 billion, and ad revenue matched that 19% growth, hitting $14.3 billion. This is big. Amazon’s adapting and cashing in where it counts, and with their pivot toward generative AI, they’re looking at serious potential. The CEO’s saying this AI play is growing three times faster than AWS did in its early days. That’s a heavy claim, but it’s a signal of how much they’re banking on this tech.

Q4 projections are coming in a bit lower than expected, somewhere between $183.5 billion and $188.5 billion. That tempered outlook might bring some early chop, so don’t be surprised if this thing shakes out a little before it picks a direction.

Technicals: Key Levels to Watch on Amazon

Now, for the levels that matter if you’re looking to trade the open:

• Resistance Zone: $200.00 is in sight, and you know that’s a psychological level. If AMZN breaks through, it could run. That’s a spot where bulls might keep the pressure up.
• Support Zone: $190.00 has shown strong support in the past. If this earnings pop fades a bit, we could see buyers come in here, giving you a shot for a quick bounce.
• Volume Surge: With an after-hours volume of 18.8 million shares, liquidity’s there. High volume like this gives you the speed to get in and out, capturing those price swings.

Here’s what makes Amazon worth the watch:

• Earnings Beat & Volume Momentum: With the numbers they just posted, pre-market could see some solid follow-through.
• Generative AI Talk: Amazon’s all-in on AI, betting it’ll drive the next wave of growth—this gives the stock that extra juice.
• Volatility Off Q4 Guidance: That softer Q4 projection could bring some chop. Perfect for traders looking to play quick dips and spikes.

Quick Tip: Look for that early action around $200. If it breaks, ride the wave, but don’t hesitate to dip out if the momentum slows down. You don’t wanna be stuck if the sentiment shifts.

Amazon’s got that mix of hype, volume, and volatility we love to see. Get in, get out, and make it count. Let’s see what the market’s serving up today!

This content is for educational and entertainment purposes only. Nothing here constitutes financial advice. Trading and investing carry risks, and your decisions should be based on your own research and risk tolerance. Always consult a licensed financial professional.