Amazon stocks is down after reporting earnings

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Amazon reported its first-quarter earningsafter the bell on Thursday, revealing the pandemic’s impact on the business that has been a rare bright spot on the stock market. The stock fell about 5% after hours after missing estimates on earnings while beating revenue expectations.

Here’s what Amazon reported:

  • Earnings per share (EPS): $5.01
  • Revenue: $75.45 billion
  • Amazon Web Services (AWS) revenue:$10.22 billion


 
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