Amazon denied a report that it was planning to break down the tariff cost on orders after the White House said such an action would be a “hostile and political” act.

Amazon is expected to deliver $1.36 in earnings per share (EPS) on revenue of $155.12 billion. President Donald Trump's tariffs largely accelerated after the end of the quarter, so the market expects little effect there. But management's outlook on the tariffs in Q2 is what analysts will seek to understand.

U.S. stocks open higher, boosted by strong earnings from Meta and Microsoft. Apple and Amazon are due to report after the close.