
Amazon’s stock performance has been a rollercoaster ride recently. After surging over 160% from early 2023 to the end of 2024, shares have retreated about 16% so far this year. The company is set to release its quarterly earnings today, with expected revenue of $155.2 billion and EPS of $1.
However, investors are likely to be more focused on the company’s AI investment strategy rather than tariff worries. Amazon Web Services (AWS) has emerged as a key player in the cloud computing market, with a commanding 30% share and growing at an impressive 19% year-over-year. The division generated $107.6 billion in revenue last year, surpassing the combined revenue of McDonald’s, Visa, and Starbucks.
Despite near-term headwinds, analysts remain positive on Amazon’s long-term prospects. The company is expected to provide updated guidance for Q2 during today’s earnings call.
Source: https://coincentral.com/amazon-amzn-stock-tariff-worries-and-ai-investment-ahead-of-q1-earnings/