SEEKING ALPHA reports:
Amazon (NASDAQ:AMZN) is cooling off just a bit after running to a new high today. The e-commerce giant’s estimate of ~$4.0B of COVID-19 costs in Q2 appears to be drawing notice.
Total revenue in North America in Q1 was $46.1B vs. $44.3B consensus, while international revenue was $19.1B vs. $19.1B. AWS revenue came in at $10.2B vs. $10.3B consensus.
Operating income of was reported at $3.99B (-9% Y/Y) vs. the company’s guidance …

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Source: The Loadstar