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Story summary
- Amazon.com Inc. reported revenue that beat forecasts, sending its shares up more than 9% in extended trading.
- Earnings per share hit $5.75, far above the $1.82 forecast, while net income rose to $62.6 billion.
- Andy Jassy said AWS posted its fastest growth since 2021, with AI and chips units exceeding a $25 billion run rate.
- Amazon forecast Q2 revenue of $197 billion-$202 billion, below the $204.1 billion estimate, and Q3 operating income of $22.5 billion-$26.5 billion.
