Amazon Shares Rise on Strong Q1 Earnings and AWS AI Growth
Amazon (AMZN) shares rose 0.76% on April 30, 2026, driven by a strong Q1 earnings beat and rapid growth in AWS AI services. The company reported a 17% revenue increase, with AWS revenue growing 28% to $37.6 billion, surpassing expectations. However, concerns over high capital spending and cautious operating income guidance remain.
Topics: Amazon AWS Earnings Market Reaction Revenue Growth