Andy Jassy

Amazon.com Inc (NASDAQ:AMZN) experienced a 6.77% rise in pre-market trading on Friday. This surge followed the announcement of third-quarter net sales hitting $158.9 billion, marking an 11% increase from the previous year. According to Benzinga Pro, Amazon stock closed at $186.19 on Thursday and...

During the third-quarter earnings call, Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy underscored the company’s dedication to its in-house silicon development, despite acknowledging a “deep partnership” with Nvidia Corporation (NASDAQ:NVDA). What Happened: On Thursday, Jassy...

Amazon.com Inc (NASDAQ:AMZN) reported third-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Amazon reported third-quarter net sales of $158.9 billion, up 11% year-over-year. The total beat a Street consensus estimate of $157.2 billion,...

Amazon.com Inc (NASDAQ:AMZN) could show off the strength of its AWS cloud segment when it reports third-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect the Seattle-based company to report third-quarter revenue of $157.19 billion. That’s up from last...

Editor’s Note: This story has been updated with additional context about Amazon’s headcount and Blind. Amazon.com Inc. (NASDAQ:AMZN) employees are contemplating leaving their jobs following CEO Andy Jassy’s new policy requiring a full-time return to the office, according to a...

Editor’s Note: This story has been updated to add inputs from Amazon’s spokesperson Amazon.com Inc. (NASDAQ:AMZN) has introduced a new return-to-office mandate for its corporate staff, requiring them to be in the office five days a week starting in January. What Happened: According to...

As Microsoft Corp (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN) head for a potential Death Cross on their stock charts, a fierce competition between the two tech giants rages on. Both companies are not only navigating stock market signals but also making significant strides in AI, shareholder...

Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy is slashing management layers and making employees to return to the office five days a week beginning in January at the world's largest online retailer and cloud-computing company founded by billionaire Jeff Bezos. The changes, sent in a memo to...

JPMorgan analyst Doug Anmuth expects tech giants — particularly members of the Magnificent Seven — to ramp up spending on capital expenditures (capex) in a big way. Expect a tech arms race centered around AI advancements to heat up among Amazon.com Inc (NASDAQ:AMZN), Google parent Alphabet Inc (...

Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy announced that their generative artificial intelligence assistant, Amazon Q, has significantly cut down software upgrade times, saving thousands of work hours. What Happened: Jassy shared in a LinkedIn post on Thursday that Amazon Q has been integrated...

A federal labor regulator has classified Amazon Inc. (NASDAQ:AMZN) delivery drivers as employees, potentially increasing the company’s responsibility for working conditions within its logistics network. What Happened: On Thursday, a regional National Labor Relations Board ...

Jeff Bezos, the founder of Amazon.com, Inc. currently has a net worth of $185 billion, making him the second person on the list of world’s wealthiest individuals after Elon Musk. He founded the e-commerce giant in 1994, which at the time of writing, had a market capitalization of $1.699...

Amazon.com Inc‘s (NASDAQ:AMZN) lower-than-expected net sales for the second quarter and disappointing outlook weighed heavily on the company’s share price on Friday, and also on its founder Jeff Bezos‘ net worth. This slump was part of a larger financial hit that erased $134...

Amazon.com Inc (NASDAQ:AMZN) CEO Andy Jassy on Thursday stated that the company’s streaming service, Prime Video, will have “meaningfully fewer ads” than its competitors. What Happened: During Amazon’s second-quarter earnings call, Jassy highlighted that while...

Amazon.com Inc. (NASDAQ:AMZN) is making significant strides in the artificial intelligence sector, as revealed in its recent earnings call. The company’s CEO, Andy Jassy, highlighted its multi-faceted AI approach and the potential impact on the market. What Happened: Jassy emphasized Amazon...