Home Earnings Analysis Consumer Summary Amazon.com, Inc. delivered a solid Q1 earnings double beat, with especially strong AWS revenue growth and improved operating cash flow. AWS revenues accelerated 28% year-over-year, but margin compression and heavy AI-driven capital expenditures led to significant free cash flow burn. AMZN's retail business grew impressively despite weak consumer sentiment. At 31x forward earnings and with ongoing cash burn, I am not bullish on AMZN versus peers like Microsoft and Meta Platforms, maintaining a cautious stance. Looking for a helping hand in the market? Members of Cash Flow Club get exclusive ideas and guidance to navigate any climate. Learn More » Ad Gr/iStock via Getty Images Article Thesis Amazon.com, Inc. ( AMZN ) reported good Q1 earnings results this week, showing especially nice growth in its AWS business.…