Amazon and Shopify Report Q1 Results with Divergent Financial Strategies
Both Amazon (NASDAQ: AMZN) and Shopify (NASDAQ: SHOP) exceeded revenue expectations in their first-quarter reports. Amazon reported strong AWS growth, while Shopify saw a significant increase in gross merchandise volume (GMV). The two companies differ significantly in capital expenditures and profitability.
Topics: AI infrastructure Amazon AWS capex spending free cash flow Shopify