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Amazon posted a massive earnings beat as AWS cloud growth hit its fastest pace in years

Amazon $AMZN +1.29% reported first-quarter earnings Wednesday that topped analyst expectations, with its cloud division posting its fastest growth rate in 15 quarters.The company delivered diluted earnings per share of $2.78 and total revenue of $181.5 billion against analyst forecasts of $1.64 in EPS and $177.3 billion in revenue. Total revenue rose 17% from the prior year.Related ContentCapital expenditures reached $44.2 billion in the quarter, up from $25 billion in Q1 2025, driven by investm...

Read more at qz.com

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