Amazon, other Big Tech stocks report strong earnings despite tariff tensions [Video]

Amazon (AMZN) delivered a strong earnings performance in the first quarter of 2025, a signal to investors that the e-commerce giant remains a dominant force in Big Tech. But beneath the healthy profit lies a more complicated picture for investors moving forward.

A quarter of solid results for Amazon

Amazon posted $155.7 billion in revenue for the quarter ending March 31, up 9 percent year over year. Still, that growth lagged some other Magnificent 7 companies, like Microsoft (MSFT) and Meta (META), which expanded revenue by 13 percent and 16 percent, respectively. Amazon did outpace Apple’s (AAPL) sluggish 4 percent growth.

The real headline, though, was Amazon’s bottom line: Net income soared about 64 percent to $17.1 billion. The surge was driven largely by Amazon Web Services (AWS), which once again demonstrated why it’s the company’s crown jewel.

AWS generated $29.3 billion in revenue and $11.5 billion in operating income — nearly 63 percent of Amazon’s total operating profit, even …