Amazon (NASDAQ: AMZN) is scheduled to report first-quarter 2024 results on Apr 30. The company has been rising on its dominant position in the online retail and cloud computing markets. It has been benefiting from the solid momentum across Prime and Amazon Web Services ("AWS"). In addition, expanding generative AI capabilities have been driving the stock. Strengthening Echo speaker, Fire TV, eero WiFi system and Blink smart security camera offerings are expanding Amazon's presence in the booming smart devices market, which has been a positive. In addition, expanding generative AI capabilities have been driving the stock. Let us delve into the fundamental strength of Amazon ahead of its first-quarter results. Amazon.com, Inc. Price and EPS Surprise Amazon.com, Inc. price-eps-surprise | Amazon.com, Inc. Quote Prime, Retail & Streaming Momentum to Note Amazon's solid Prime momentum, along with its strengthening distribution network, are expected to have aided its online retail business' performance in the quarter under review. Prime benefits, including a strong loyalty system, customer-friendly offers, quick grocery delivery services, and robust Prime Free One-Day and Prime Free Same-Day Delivery services, are expected to have aided Amazon's customer momentum in the first quarter. The Zacks Consensus Estimate for online store sales is pegged at $54.8 billion, implying growth of 7.2% from the year-ago reported figure. Apart from this, strengthening relationships with third-party sellers on the back of solid solution offerings are likely to have been a positive. The consensus mark for sales generated by third-party sellers is pegged at $34.5 billion, suggesting growth of 15.6% from the figure reported in ...