Amazon stock pops after earnings beat

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Amazon समाचार

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.

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Stock market today: US futures hit pause with Fed in focus, Amazon earnings on deckInvestors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.
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