Amazon posted a blowout quarter. Why the Street says this is only the start of the stock's strong run

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Amazon posted a blowout quarter. Why the Street says this is only the start of the stock's strong run

Amazon.com posted impressive earnings results Wednesday , and Wall Street is betting that the print only marks the beginning of a much longer stretch of strength for the hyperscaler. …

Amazon.com posted impressive earnings results Wednesday , and Wall Street is betting that the print only marks the beginning of a much longer stretch of strength for the hyperscaler. The technology firm on Wednesday clocked $181.52 billion in revenue for the first quarter versus the $177.3 billion expected by analyst polled by LSEG. Earnings came in at $2.78 per share, topping the Street's consensus estimate of $1.64 per share. …

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