Last Updated May - 02 - 2025, 04:38 PM | Source : Fela News
Amazon reported a 9% rise in revenue and strong AWS growth in Q1 2025, navigating U.S.-China trade tensions with strategic imports and expanded AI, cloud, and r
Amazon reported a strong first-quarter performance, surpassing analysts’ expectations with higher profits and sales. The company earned $17.13 billion, or $1.59 per share, up from $10.43 billion last year, while revenue rose 9% to $155.7 billion.
Its cloud unit, Amazon Web Services, grew 17% to $29.3 billion. CEO Andy Jassy highlighted Amazon's broad selection and low prices as key strengths in a challenging economy shaped by President Trump's 145% tariffs on China. These trade policies have hurt smaller retailers, but Amazon and its third-party sellers mitigated the impact by importing goods early.
However, new tariffs and the removal of exemptions for low-value Chinese shipments may raise prices, affecting Amazon’s new storefront, Amazon Haul. Despite these headwinds, Amazon continues investing heavily in AI, data centers, and delivery infrastructure—spending over $25 billion on property and equipment in Q1.
The company expects Q2 revenue between $159 billion and $164 billion and operating income of $13 billion to $17.5 billion, slightly below analysts’ forecasts. Amazon shares declined over 2% in after-hours trading following the earnings release.
Aug - 20 - 2025
When the dust of Operation Sindoor settled, many expected international players to claim credit—but not Shashi Tharoor. The senior Congress l... Read More
Aug - 19 - 2025
In a moment that sounded almost cinematic, U.S. President Donald Trump was caught on a hot mic whispering to French President Emmanuel Macron, &ldq... Read More
Aug - 16 - 2025
A striking diplomatic moment unfolded recently as the U.S. President warmly received Pakistan’s army chief in the Oval Office reviving an old... Read More
Aug - 14 - 2025
On the night of Independence Day in Karachi, reckless aerial firing resulted in the deaths of three people including a senior cit... Read More
Aug - 11 - 2025
India has reacted strictly to Pakistan's Army Chief Field Marshal Asim Munir's inflammatory statements in the US. Munir warned that if Pakistan is ... Read More
Aug - 06 - 2025
US President Donald Trump was pressed on India’s accusation that the United States is hypocritically importing Russian uran... Read More