Amazon stock pops after earnings beat

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Amazon News

Amazon Web Services,Earnings Per Share,Cloud Computing

Amazon reported first quarter earnings results on Tuesday.

) reported first quarter earnings that topped Wall Street estimates on the top and bottom lines, sending shares of the retail giant up as much as 5% in after hours trading.

Here are some of Amazon's most significant metrics in the company’s fiscal first quarter, according to data from Bloomberg:Adjusted earnings per share: $0.98 vs. $0.83 expected the strength of its cloud computing businessAmazon, which has positioned itself as an AI leader, is another player in the race to claim market share and launch new consumer services. In March, Amazon increased its investment in the AI startup Anthropic, pouring in another $2.

SACRAMENTO, Calif. — California will soon begin selling its own generic version of Narcan — the drug that can save someone's life during an opioid overdose — under a deal announced Monday by Democratic Gov. Gavin Newsom as part of his effort to offer less expensive, state-branded options of medication. The New Jersey-based Amneal Pharmaceuticals will sell naloxone to California for $24 per pack, or about 40% cheaper than the market rate.

Gabrielle Union Reveals How Marriage to Dwyane Wade Inspired Her to Adapt “The Idea of You”: 'I've Got a Younger Man With a Big Life' -- Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western US.

 

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