Amazon's $12.601 Billion Trading Volume Lands Fifth in Market Activity
On May 1, 2025, Amazon's trading volume reached $12.601 billion, ranking fifth in the day's stock market activity. Amazon's stock price increased by 3.13%.
Amazon reported a 9% increase in net sales for the first quarter, reaching $155.7 billion compared to $143.3 billion in the same period last year. The company's earnings exceeded analysts' expectations, with a net income of $17.1 billion, or $1.59 per share, surpassing the previous year's $10.4 billion, or 98 cents per share.
Amazon's first-quarter AWS operating income was $11.55 billion, surpassing the StreetAccount consensus of $10.52 billion. However, the company's projected operating income for the second quarter, ranging from $13 billion to $17.5 billion, fell short of analyst expectations.
Despite the strong earnings report, Amazon's stock declined in after-hours trading, reflecting investor concerns over the company's outlook for the second quarter.
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
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