Amazon stock rises, then drops after beating Q1 estimates with $127.4B in revenue
GeekWire
APRIL 27, 2023
Net income was $0.31 Analysts were closely watching Amazon Web Services as it is a key profit driver but has faced slowing growth amid the broader tech spending slowdown and other macroeconomic conditions. Amazon Web Services: Amazon’s cloud business was up 16% at $21.3 Amazon reported $127.4 per share, or $3.2
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