Amazon.com reports Q1s earnings after the bell. Analysts polled by FactSet predict sales rose 12% to $142.65 billion, which would be up from the 9% sales growth Amazon saw a year ago and a Q1 record for the company. Analysts expect Amazon made $8.95 billion in profit from April to June, up from $3.17 billion in the same period a year earlier. Amazon CEO Andy Jassy has significantly reoriented the company to focus on artificial-intelligence innovations. Earlier this month, in his annual letter to shareholders, he said generative AI may be the largest technology transformation since the cloud and perhaps since the Internet. But he also said Amazon remains committed to cost-cutting.