CEO Andy Jassy defended the spending during the previous quarterly earnings call, saying Amazon expected long-term returns on its invested capital [File] | Photo Credit: REUTERS Amazon on Wednesday reported strong increases in profits and net sales during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit. The e-commerce and technology company said that sales in its cloud computing unit were up 28% in the January-March period, the fastest increase in 15 quarters. Amazon Web Services had 24% sales growth in the fourth quarter, which followed the division’s 20% growth in the third quarter. Published – April 30, 2026 11:11 am IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation ‘Lukkhe’ trailer: Singer King’s acting debut blends adrenaline-filled action and music Chlorine gas leaks at defunct water purification plant in Pune; 24 persons hospitalised