Amazon Issues Soft Forecast Despite Q1 Beat

Amazon.com Inc (NASDAQ:AMZN) is up 1.4% before the bell, reversing its earlier losses after issuing a wider-than-expected second-quarter operating income forecast that missed estimates. The e-commerce giant cited tariff-related uncertainty for the broad guidance range, though CEO Andy Jassy said he’s optimistic Amazon can come out stronger -- noting some sellers may hold prices steady, giving Amazon a potential edge. The company also reported a first-quarter beat on both the top and bottom lines.Year-to-dat ...