Amazon reports a 13% growth in 2024 1Q while it faces a Union uprising in Europe
Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service.
The Seattle-based e-commerce giant said it generated $143.31 billion in revenue in the first three months of this year, a 13% jump from the same period last year. Net income was $10.43 billion, or 98 cents per share. According to FactSet, that soundly beat Wall Street analysts’ expectations of 84 cents a share.


