Amazon Shares Fall Over 4% After Mixed Signals Despite Strong Q1 Results

Amazon’s stock declined by as much as 4.3% in after-hours trading following a strong first-quarter earnings report that was overshadowed by cautious guidance and tariff concerns. Revenue rose 9% year-over-year to $155.7 billion, while net income hit $17.1 billion—both beating analyst expectations.

Despite the solid performance, investors reacted to uncertainty around Q2 projections and potential tariff impacts. The company forecasted Q2 revenue between $159 billion and $164 billion, with the lower end falling short of estimates.

Meanwhile, AWS revenue grew 17% to $29.3 billion but came in slightly below expectations, adding to the subdued market response amid increasing cloud sector competition.