Amazon shares rise after cloud-led profit surge but costs spark after hours worry

Published on 30 April 2026

Cloud growth lifts results while tariffs and shipping costs bite

Amazon reported a stronger first-quarter profit and revenue, with cloud growth, AI investments, new partnerships, and expanded delivery helping drive net sales higher. The company also offered a solid sales outlook, but shares slipped after hours as investors scrutinized spending plans and flagged rising tariff and shipping costs across global operations.

First-quarter profit and revenue rose on cloud momentum
AI investment and partnerships supported growth alongside delivery expansion
Strong sales outlook lifted sentiment initially
After-hours pullback followed concerns over tariffs and shipping costs

#earnings #amazon #global trade #ai #cloud computing

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Amazon shares rise after cloud-led profit surge but costs spark after hours worry

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