Amazon conference call: The company will become "stronger" in the tariff war, expanding the Q2 guidance range, and "removing some products" to maintain low prices

Wallstreetcn
2025.05.02 07:20
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Amazon CEO compares the current tariff war to the COVID-19 pandemic, believing the company will replicate its success during the pandemic in the tariff war. To address the uncertainty of tariffs, Amazon has expanded its guidance range, expecting second-quarter operating profit to be between $13 billion and $17.5 billion. In addition, AWS is currently increasing its capacity to meet the growing market demand