Amazon Q1 earnings driven by AWS, AI innovations: Analyst
Yahoo Finance -

Amazon (AMZN) stock rose in extended-hours trading after its first-quarter earnings topped Wall Street estimates. CFRA Research Senior Equity Research Analyst Arun Sundaram credits the success to innovations in Amazon's e-commerce division driving improved retail margins, as well as AWS's position as a powerhouse among other cloud computing competitors. He also highlights the company's artificial intelligence initiatives, telling Julie Hyman and Josh Lipton that Amazon has a "very compelling...

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More from Yahoo Finance | Amazon Julie Hyman Equity Research Analyst Arun Sundaram Josh Lipton retail margins Amazon.com Earnings NASDAQ:AMZN Cloud computing