Amazon Raises Price Target After Strong First-Quarter Results
Amazon reported stronger-than-expected first-quarter results, with revenue rising 17% year-over-year to $181.52 billion and GAAP earnings per share increasing 75% to $2.78. The results were driven by growth in Amazon Web Services and included non-operating gains from its investment in Anthropic, leading to a 4% rise in shares after hours.
Tickers: $AMZN $GOOGL $MSFT $TGT $WMT
Topics: Amazon AWS Earnings Revenue Growth Stock Performance