Amazon reported strong first-quarter results exceeding estimates, with improving AWS, e-commerce, advertising, and subscription revenue.

From Nasdaq: 2024-05-06 02:05:00

Amazon reported impressive first-quarter results, with revenue of $143.3 billion and per-share earnings of $0.98 exceeding estimates. Shareholders have reason to be bullish, with Amazon Web Services showing improved cost-efficiency and e-commerce operations turning a wide profit. Advertising and subscription revenue are also soaring, making Amazon stock an even better buy.



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