From Yahoo Finance: 2025-04-29 17:34:00

Amazon is set to release its first quarter earnings, with estimates of $1.36 EPS and $155.1 billion revenue, up from last year. The company faced backlash from the White House over potential tariff pricing, which Amazon denied. Analysts predict potential tariff impacts on 50% of Amazon’s products, affecting consumer choices and global employment.

President Trump praised Jeff Bezos for quickly resolving the tariff pricing issue. UBS analyst Stephen Ju warns of possible impacts on consumers and global businesses due to tariffs. Amazon must demonstrate the success of its AI investments in its earnings report, as it competes with tech giants like Alphabet and Microsoft in the AI space.



Read more at Yahoo Finance: Amazon to report first quarter earnings following White House tariff dustup