Amazon.com Inc Rises 3.5% Post-Earnings, Spotlights Tied ETFs

Amazon.com Inc shares climbed roughly 3.5% in morning trading on April 30, lifting ETFs heavily exposed to the stock after a choppy post-Q1 reaction. The company beat Q1 revenue at $181.5B versus $177.3B estimates and guided Q2 to $194-199B topping $188.9B expectations, but capex surged to $44.2B, TTM FCF plunged to $1.2B, and debt jumped $53.4B to $119.1B amid AI data-center spending. Pre-earnings rally of 27% to record $265.50 highs was driven by AWS at $37.6B (+28% YoY), AI deals with Anthropic and OpenAI, with options implying 7% swings.