In its latest financial report, Amazon announced increased profits and sales for the first quarter, surpassing the forecasts of market analysts. This result highlights the powerful grip the online retail giant has on consumers who are in search of affordable options and diverse products amid an unpredictable economic landscape.
Source: https://www.euronews.com/business/2025/05/02/amazon-posts-robust-sales-and-profit-beat-but-outlook-clouded