Amazon Q1 revenue hits $181.5B but $16.8B Anthropic gain inflates net income as free cash flow collapses 95%

Amazon reported first-quarter 2026 net sales of $181.5 billion, a 17 per cent increase year on year that exceeded analyst estimates by more than $4 billion. Net income reached $30.3 billion, nearly doubling from $17.1 billion in the same period last year. Earnings per share came in at $2.78, crushing the $1.64 consensus. AWS revenue […] This story continues at The Next Web