Amazon earned 23 cents per share on $19.7 billion in revenue in the first quarter, matching analyst estimates for earnings and beating the average estimate of $19.4 billion in revenue. But the company said it projected an operating loss of $55 million to $455 million in the second quarter while analysts had been projecting operating income of $537 million.

Now on to the media and analyst calls to hopefully get some color on the effect of sales tax collection on the company, growth of Amazon Web Services and more.