Amazon Faces A Big Test As Spending Weighs On Cash Flow

Amazon.com, Inc. faces critical Q3 earnings, with AWS revenue and capex under intense scrutiny. Options market signals high implied volatility, with delta positioning favoring calls and a projected 7% post-earnings move. Key AMZN technical levels are $265 resistance and $244 support; a breakout could push AMZN to $280, while a breakdown targets $230.