Live updates: Amazon stock rallies after hours as company reports 1Q sales, profit beats as earnings call begins

Spencer Platt/Getty ImagesAmazon reported first-quarter earnings on Tuesday.The company handily exceeded estimates for net sales and earnings per share.Shares rose about 3% in after-hours trading.Amazon reported first-quarter earnings on Wednesday after the closing bell.The company handily exceeded estimates for net sales and earnings per share, including a beat for the closely watched Amazon Web Services (AWS) division, which saw net revenue of $25 billion.Amazon's stock rose about 3% in volati