Amazon exceeds first quarter expectations with significant revenue and earnings per share growth

Apr 29, 2026, 8:09:25 PM UTC(1 day ago)

Impact: High

Affected Assets

Amazon Web Services reported an artificial intelligence revenue run rate exceeding 15 billion dollars as of the first quarter
The company confirmed plans to allocate 200 billion dollars toward artificial intelligence and infrastructure initiatives throughout 2026
Options traders anticipated a stock price movement of approximately 3.4 to 4.3 percent following the financial disclosure
Analysts highlighted rising demand for custom Trainium chips and new cloud partnerships with OpenAI and Anthropic as primary growth drivers
Market experts noted that North America e-commerce revenue showed potential upside based on recent non-store retail data trends

$AMZN Q1 earnings: 💵 Revenue: $181.52B vs $177.23B expected 💲 EPS: $2.78 vs $1.62 expected https://t.co/VVhbFqqCPG