From CNBC: 2025-05-01 12:01:00

Amazon is set to report its first-quarter earnings after market close. Analysts expect earnings per share of $1.36 and revenue of $155.04 billion. Key revenue numbers include AWS at $29.42 billion and advertising at $13.74 billion. Tariffs may impact Amazon’s margins. The White House recently criticized Amazon over displaying tariff-related costs to shoppers, which Amazon denied.

CEO Andy Jassy aims to keep prices low for consumers despite potential tariff impacts. Analysts believe Trump’s tariffs could boost Amazon’s retail business in the short term. Investors are eager for Amazon’s guidance for the current quarter, with potential effects of tariffs yet to fully show. Amazon may benefit from the end of the de minimis trade exemption.

In addition to retail, Amazon’s cloud computing business and AI investments are under scrutiny. Analysts project AWS revenue of $29.4 billion, representing 17.6% growth. Amazon pledged to boost capital expenditures to $100 billion this year, mainly for AI services. The stock is down 13% year to date, contrasting with a slight drop in the Nasdaq.



Read more at CNBC:: Amazon (AMZN) Q1 earnings report 2025