Amazon shares listed in Frankfurt rise 1.6% day after results
ReutersMay 2, 2025 6:34 AM
LONDON, May 2 (Reuters) - Amazon shares listed in Frankfurt AMZN.F rose 1.6% in early trade on Friday, reversing Thursday's after market move, as traders digested earnings showing first-quarter cloud revenue growth and forecast operating income below estimates.
Also in the mix, the Trump administration on Friday ended U.S. duty-free access for low-value shipments from China and Hong Kong, removing the "de minimis" exemptions availed of by Shein, Temu.
Amazon shares rose 1.6% in early Frankfurt trade. AMZN.F They dropped as much as 5% in U.S. aftermarket trading on Thursday after the results, but finished that session down around 1%. AMZN.O
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