Finance Amazon is falling after missing Wall Street's earnings estimate by a mile (AMZN)

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Amazon missed Wall Street's earnings per share estimate by more than $1.

Believe it or not, some companies might actually be able to withstand the Amazon juggernaut. play

Believe it or not, some companies might actually be able to withstand the Amazon juggernaut.

(rew Angerer/Getty Images)
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Amazon trades down 3.38% at $1,010.63 a share after Thursday's lackluster earnings report that came after markets closed.

The e-commerce behemoth announced earnings of $0.40 a share, missing the Wall Street consensus of $1.42 by a wide margin.

However, the news wasn't all bad, as revenue spiked 25% versus last year to $38 billion. That number was given a slight boost by Amazon's AWS cloud service, which saw its revenue climb 42% to $4.1 billion.

Amazon said it thinks third-quarter revenue will come in between $39.25 billion and $41.75 billion.

Friday's selling comes just one day after Amazon CEO Jeff Bezos briefly became the world's richest person. Bezos' net worth crossed the $91 billion mark as shares rallied Thursday morning.

Shares of Amazon are up 34.1% this year.

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(Markets Insider)