Dive Summary:

• Despite third quarter revenues which reached $17 billion, Amazon lost a total of $41 million in the third quarter.
• Despite Amazon’s announcement of the loss, the company’s stock raised $29 in after-hours trading.
• Amazon’s whopping revenue figures beat initial predictions from analysts by nearly $400 million, but many still wonder if the company's big spending on warehouses and new ventures is actually leading toward big profits.

Dive Insight:

This trend for Amazon is nothing new for the company, as investors seem smitten with the online giant’s ability to move a massive volume of retail goods—without making a profit. Since going public nearly a decade ago, Amazon’s stock value has risen tenfold.