Amazon beats Q1 expectations, AWS revenue accelerates

Amazon reported its first-quarter financial results, surpassing market expectations. The company's cloud computing unit, AWS, recorded a notable acceleration in revenue, positively impacting the tech giant's profitability and growth performance. Total revenue exceeded analyst estimates. The AWS segment, in particular, showed strong growth driven by rising demand for artificial intelligence and cloud services. Amazon's retail and advertising revenues were in line with expectations. Management highlighted margin improvements due to cost control and operational efficiency. While the company offered an optimistic outlook for the remainder of the year, investor focus shifted to AWS's growth momentum. The stock rose in pre-market trading following the news. Analysts note that Amazon's leading position in cloud and AI supports its long-term growth potential. This is not investment advice.

📊 AMZN — Piyasa Yorumu

▲ up · 65%

Amazon's first-quarter profitability and the acceleration in AWS revenues confirm the company's fundamental strength. Technically, although the price is trading just below the 20-day moving average (273.43), staying above the 50-day average (270.89) maintains the medium-term uptrend. The RSI at 51 is in neutral territory, and while the MACD remains below the signal line, its position above zero indicates that momentum has not completely faded. Given the positive news flow, the price has a high potential to break above the 20-day moving average and move upward in the short term.

RSI 14

51.1

MACD

0.27

24h Δ

-0.51%

📊 GOOGL — Piyasa Yorumu

▲ up · 60%

Although GOOGL shares rose 3.8% in the last close and the RSI at 68 is approaching overbought territory, Amazon's strong quarterly results and accelerating AWS revenues could positively impact the cloud computing sector. This may provide short-term support for GOOGL as well. However, the elevated RSI level and the MACD remaining below its signal line suggest that the upside may be limited. Technically, trading above the 20-day SMA is positive, but the premium relative to the 50-day SMA is noteworthy.

RSI 14

68.3

MACD

3.62

24h Δ

3.80%

Canlı Grafikler