Amazon earnings results: AMZN stock rallies after hours from AI-fueled AWS growth, Q1 sales and profit beats
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- Amazon reported first-quarter earnings on Tuesday.
- The company beat estimates for net sales and earnings per share.
- Shares rose as much as 3% in after-hours trading.
Amazon reported first-quarter earnings on Wednesday after the closing bell.
The company handily exceeded estimates for net sales and earnings per share, including a beat for the closely watched Amazon Web Services (AWS) division, which saw net revenue of $25 billion.
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