US EditionAmazon forecasts quarterly revenue above estimates, cloud growth lags
- Seattle-Based Amazon reported $17.13 billion in net income and $155.7 billion in revenue for the quarter ended March 31, 2025.
- The company’s quarterly earnings rose from $10.43 billion and 98 cents per share a year ago, surpassing analyst expectations for $1.37 per share and $155.147 billion in revenue.
- Amazon's results arrived amid trade tensions marked by a 145% tariff on China and paused shipments causing potential supply shortages entering the back-to-school shipping season.
- Amazon anticipates second-quarter sales to range from $159 billion to $164 billion, but its stock declined by almost 3% following the earnings announcement outside regular trading hours.
- Despite challenges from trade policies and supply disruptions, Amazon is expected to manage the environment better than smaller retailers, signaling robust market resilience.
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103 Articles
103 Articles
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Left
12
Center
34
Right
13
Coverage Details
Total News Sources103
Leaning Left12Leaning Right13Center34Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 20%
C 58%
R 22%
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