The retail and cloud-computing giant beat analyst estimates with a 17% jump in revenue and sharp increase in net profit.
Shares of Amazon rose about 2.3% on Wednesday as investors positioned ahead of the company's first-quarter earnings report, with markets closely watching cloud growth, artificial intelligence spending, and the potential impact of geopolitical tensions on consumer demand. The e-commerce and cloud giant is scheduled to report results after the market close, with expectations running high across multiple business segments.
Amazon (AMZN) is set to report earnings after the closing bell today, with the stock seen potentially rallying to new record highs following the report.
Stock futures are little changed as investors prepare for a Federal Reserve decision on interest rates and a flurry of earnings reports from major tech companies; oil prices continue rising as another round of peace talks with Iran remains uncertain; the Fed's rate decision will be released this afternoon, followed by a press conference from Chair Jerome Powell; Big Tech is set to dominate earnings headlines today, with results from Alphabet, Amazon, Microsoft and Meta all coming after the closing bell; and Robinhood shares are tumbling after the online exchange missed revenue and profit estimates. Here's what you need to know today.
Amazon (AMZN) is set to report earnings after the closing bell on Wednesday, with the stock seen potentially rallying to new record highs following the report.
Almost as soon as OpenAI announced that its major investor and cloud partner, Microsoft, no longer has exclusive rights to any of its products, Amazon started gloating.
OpenAI, Anthropic and Meta Platforms are just a few of the companies relying on Amazon for support.
Amazon launched a new AI-powered feature on Tuesday that allows users to ask questions about products and receive conversational audio responses generated in real time. The responses are delivered by what the company calls “AI-powered shopping experts,” which present information in a natural, discussion-style format.
META's AI-fueled ad surge, rising engagement, and strong global growth forecasts set the stage for a pivotal Q1 earnings report.
Alphabet's Q1'26 earnings results may ride on Search ad strength and surging Cloud demand for AI infrastructure, with Gemini features boosting engagement.
Investors are watching Amazon (NASDAQ: AMZN | AMZN Price Prediction) ahead of Q1 2026 results due tomorrow after the close.
Amazon.com, Inc. has surged nearly 30% since late March, reaching all-time highs ahead of earnings. Options positioning is overwhelmingly bullish, with implied volatility near 98% and heavy call gamma between $260 and $275. AWS growth and CapEx spending are the two most critical metrics for investors this quarter.