Amazon Expands into Satellites and Movies, Reports Strong AWS Growth
Amazon (AMZN) reported strong AWS growth of 28% to $37.59 billion in Q1 2026, with a 38% operating margin. The company also highlighted milestones in delivery speed, satellite acquisition, and a successful movie release. Amazon's significant capital expenditures and debt reflect its ongoing investment in diversified growth.
Topics: Amazon AWS growth business diversification Project Hail Mary Q1 earnings satellite acquisition