Fed Chair Powell says goodbye to FOMC press corps, while AI-fueled earnings & growth astound.
The headline numbers for Amazon (AMZN) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Amazon (AMZN) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $1.6 per share. This compares to earnings of $1.59 per share a year ago.
Meta, Amazon, Microsoft, and Alphabet earnings split tech stocks as AI spending concerns weigh on the Nasdaq 100 and shape the stock market outlook.
Amazon surpassed Wall Street forecasts with revenue of $181.5 billion in the March quarter, up 17% from the year earlier. CEO Andy Jassy noted Project Hail Mary‘s nearly $615 million at the box office to date among the company's achievements for the three months.
Amazon Web Services on Tuesday launched one of the most consequential enterprise AI plays in the company's 20-year history, simultaneously bringing OpenAI's most powerful models to its Bedrock platform, unveiling a new agentic developer framework, releasing a desktop AI productivity tool called Amazon Quick, and expanding its Amazon Connect service from a single contact-center product into a family of four agentic AI solutions targeting supply chains, hiring, healthcare, and customer experience. The announcements, made at a live event in San Francisco titled "What's Next with AWS," landed just 24 hours after OpenAI and Microsoft publicly restructured their exclusive cloud partnership — a move that, for the first time, freed OpenAI to distribute all of its products across rival cloud providers.
DA Davidson Managing Director Gil Luria offers his key takeaways on earnings from Amazon, Microsoft and Meta Platforms. He speaks on "Bloomberg The Close.
Marley Kayden, Sam Vadas, and Alex Coffey take investors through a busy post market earnings lineup with live reaction to Amazon (AMZN), Microsoft (MSFT), Meta Platforms (META), and Alphabet (GOOGL) reporting. ======== Schwab Network ======== Empowering every investor and trader, every market day.
Amazon Web Services growth accelerated to 28% in the first quarter — its fastest pace in nearly four years — pushing Amazon's results past Wall Street's expectations and validating, at least for now, the company's controversial $200 billion bet on artificial intelligence infrastructure.
Amazon (AMZN) is in the spotlight during extended trading hours after the tech giant delivered a massive “double beat” in Q1 results – powered by an explosion in AI-driven cloud demand and a high-margin advertising surge. Investors are zeroing in on the firm's aggressive growth trajectory and a forward-looking revenue guide that suggests the retail and cloud behemoth is only accelerating.