Jeff Bezos plans to sell up to 25 million Amazon shares by May 2026. The sale would be worth around $4.75 billion, at Thursday's closing price.
Jeff Bezos adopted a trading plan to offload up to 25 million Amazon shares in the coming months, according to a new Securities and Exchange Commission filing.
Amazon outpaces earnings and revenue estimates but offers weak operating income guidance on tariff uncertainty.
Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market's biggest success stories ever.
Amazon.com Inc. NASDAQ: AMZN reported a strong first quarter after Thursday's close, with results that came in ahead of expectations across all headline metrics. Revenue rose nearly 9% year over year to $155.7 billion, beating by $580 million, while GAAP EPS of $1.59 beat by $0.23.
Amazon.com Inc (NASDAQ:AMZN) is up 1.4% before the bell, reversing its earlier losses after issuing a wider-than-expected second-quarter operating income forecast that missed estimates.
Amazon gave a reassuring look at trends of spending on artificial-intelligence infrastructure
The S&P 500 is falling this year, but Amazon (AMZN 2.97%) stock is falling even harder. It's down 14% in 2025 as investors are concerned about its fate in the new tariff era, while the S&P 500 is down only 6%.
Amazon.com Inc (NASDAQ:AMZN) stock fell overnight, in afterhours dealing, as the e-com giant underwhelmed investors with its forecasts against the volatile post-tariffs trading environment. The Prime retailer meanwhile reported a 9% rise in first-quarter net sales to US$155.67 billion.
While Amazon's 3P business usually grows faster than 1P, both 1P and 3P retail businesses grew at a similar rate in 1Q'25. Amazon recorded one-time charges related to some historical customer returns has not yet been resolved and some costs to receive inventory that was pulled forward into Q1 ahead of anticipated tariffs. While AWS topline growth was slightly disappointing, they did post their highest ever operating margin of ~40% this quarter.
Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration's tariffs on its e-commerce business, but the company may have few options left to ensure small third-party sellers stay put in the face of crushing levies.
Most earnings announcements and ensuing analyst calls are spent discussing all the money — or lack of it — the host company made during the previous quarter. Not so at Amazon on Thursday (May 1).