From Yahoo Finance: 2025-05-01 19:32:00

Amazon officials expressed concern over potential profit impacts from global tariffs in upcoming quarters. The first-quarter revenue was $155.67 billion, a 9% increase from the previous year, with earnings per share up 64% to $1.59. Amazon’s second-quarter guidance reflects uncertainty around tariffs from President Trump’s trade war with China. The company’s business segments include North America, International, and Amazon Web Services. Despite the tariff concerns, Amazon saw an increase in sales in various segments and has not observed a decline in demand or significant price hikes from sellers on its platform. The company faced criticism from the Trump administration over reported plans to display tariff price increases, which Amazon denied.

Read more: Amazon beats earnings expectations, sees market uncertainty ahead