Amazon reported Q1 2026 EPS of $2.78, beating consensus by 60.69% in a blowout quarter. AWS growth reaccelerated to 28%, the fastest pace in 15 quarters, while the chips business surpassed a $20 billion annual run rate and is growing triple digits. The combination of a large earnings beat and accelerating cloud/AI-related momentum is likely to support the stock and sentiment around Amazon's growth trajectory.
Amazon reported Q1 2026 EPS of $2.78, beating consensus by 60.69% in a blowout quarter. AWS growth reaccelerated to 28%, the fastest pace in 15 quarters, while the chips business surpassed a $20 billion annual run rate and is growing triple digits. The combination of a large earnings beat and accelerating cloud/AI-related momentum is likely to support the stock and sentiment around Amazon's growth trajectory.
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strongly positive
Sentiment Score
0.85
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