Reported 1 day ago
Amazon reported strong first-quarter earnings with a revenue of $155.7 billion and net income of $17.1 billion, exceeding analyst estimates. However, the company’s outlook for the second quarter raised concerns, particularly regarding projected operating income, as CEO Andy Jassy highlighted uncertainties related to consumer demand and tariff policies. As a result, shares fell about 3% in after-hours trading.
Source: YAHOO