Amazon posts 13% jump in sales, sending shares higher — but fails to deliver dividend

Amazon forecast second-quarter revenue below Wall Street expectations on Tuesday, as it expects tepid spending from cost-conscious businesses on its cloud-computing services.Amazon’s first-quarter sales of $143.3 billion, a 13% gain, were higher than the $142.5 billion average according to LSEG data.Amazon shares rose as much as 6% in after-hours trading, after closing down 3.3% in the regular session.Amazon’s first-quarter sales of $143.3 billion beat analysts’ estimates. REUTERSThe company expects revenue ...