Growth is rather slower than cloudy rivals, but boss Andy Jassy can explain that Amazon Web Services is on track to earn $100 billion of revenue in FY2024, has improved its margins, and provides the bulk of its parent company's operating income.

Meta and Alphabet recently announced that they'd be instituting dividends. Will Amazon follow? Other big technology companies are acting more grown up as they put more money toward capital returns, and Amazon is the last of the large internet companies not to have made a dividend announcement.

Amazon Web Services (AWS), the part of Amazon that does cloud computing, made $25.04 billion in the first three months of this year. That’s 17% more money than they made during the same time last year.

Amazon's stock has rallied the day after the past three earnings reports, by an average of 7.7%. But looking back the past several years, post-earnings stock gains are actually pretty rare. Before the current win streak started,