Amazon (AMZN) ended Friday’s trading day up 14.2%, pushing the Nasdaq to a record close of 5,092.08. Amazon is TheStreet’s Move of the Day. The retail giant posted a first quarter loss of 12 cents per share, matching Wall Street’s expectations. Last year, the company lost 23 cents per share. As for the top line, revenue came in at $22.7 billion, slightly ahead of the $22.4 billion analysts had in mind. Sales jumped 15% year-over-year. The real bombshell in Amazon’s earnings report was numbers on how the its cloud business is doing, known as Amazon Web Services. This is the first time the company broke out those figures. Net sales stood at almost $1.6 billion, up from about $1 billion during the first quarter of last year. As for guidance, Amazon expects revenues to rise between 7-18% year-over-year during the second quarter.
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