Jeff Bezos
Amazon reports loss

Strong demand for cloud computing services helped Amazon's revenue jump 15 percent in the first quarter. The company also reported a smaller quarterly loss than expected and its shares rose 7 percent in aftermarket trading. Investors have been growing restless with Amazon's long-term strategy of plowing most of the money it makes into new areas like cloud computing, streaming video and hardware — leading to razor-thin profits or, in this quarter's case, a loss. The company shows no sign of slowing down new offerings. In recent months Amazon introduced Amazon Echo, a Bluetooth speaker that responds to voice commands and Amazon Dash, stand-alone buttons that can be...