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Jeff Bezos At Peak Dot-Com Hype Identified A Winning Strategy That Made Amazon Into A 2 Trillion Success Story Today: 'Internet, Shminternet … That Doesn't Matter'
Wednesday, May 21, 2025 - 9:07pm | 981Long before Amazon.com, Inc. (NASDAQ:AMZN) became a trillion-dollar giant, Jeff Bezos shrugged off internet hype and leaned hard into customer obsession—even as critics questioned his company's razor-thin margins and relentless expansion. What Happened: In a 1999 interview with CNBC during the...
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Amazon CEO Andy Jassy: No Slowdown In Consumer Spending Amid Tariffs
Wednesday, May 21, 2025 - 3:42pm | 461Amazon Inc. (NASDAQ:AMZN) CEO Andy Jassy reported on Wednesday that the company has not experienced any significant changes in consumer spending due to President Donald Trump‘s tariffs. What Happened: During Amazon’s annual shareholder meeting, Jassy said, “We have not...
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Elon Musk's Tesla Teases FSD Capabilities, Jeff Bezos-Backed Slate's 100,000 EV Orders Challenge Cybertruck Hype And More: This Week In Mobility
Sunday, May 18, 2025 - 9:00am | 603The past weekend was a whirlwind of news in the tech and auto industries. From Tesla Inc. (NASDAQ:TSLA) showcasing its Full Self-Driving (FSD) capabilities to Uber (NYSE:UBER) doubling down on its autonomy upside, there was no shortage of developments. Let’s dive into the...
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Jeff Bezos Once Watched Amazon's Stock Collapse From $113 To $6, But Held On To The Belief That 'The Stock Is Not The Company' — Here's How He Weathered That Storm
Wednesday, May 14, 2025 - 9:29pm | 695At the height of the dot-com bust, Amazon.com, Inc.’s (NASDAQ:AMZN) stock cratered by about 94%. However, for Jeff Bezos, the collapse was just noise, because the company's fundamentals were improving. What Happened: In a 2018 episode of "The David Rubenstein Show: Peer-to-Peer Conversations...
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Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025
Wednesday, May 14, 2025 - 3:52pm | 717A new 90-day pause and lowered tariff amounts between the United States and China have helped send the stock market higher with the S&P 500 drifting back into positive territory for 2025. The stock market gains have also helped the richest people in the world get richer. Here's a look at how...
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Jeff Bezos Became A Billionaire After Taking This Leap Of Faith: Would You Have The Stomach For His 'Regret-Minimization' Strategy?
Wednesday, May 14, 2025 - 7:30am | 402Jeff Bezos vaulted onto the Forbes billionaire list at 34 because he did one thing most rising Wall Street stars wouldn't risk. What Happened: The Princeton-trained computer scientist, class of '86, left hedge-fund D.E. Shaw as a vice president in 1994 after spotting a report that "Web usage was...
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Jeff Bezos Called 'Chief Dark Arts Officer' In Secret Amazon Doc As FTC Says Company Hid Thousands Of Key Files In Antitrust Case (UPDATED)
Wednesday, May 14, 2025 - 2:54am | 611Editor’s Note: The story has been updated with Amazon’s statement. The Federal Trade Commission has accused Amazon.com Inc. (NASDAQ:AMZN) of concealing key evidence in the antitrust case that claims the retail giant abused its market power. As per a new court filing, the FTC says Amazon...
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Jeff Bezos-Backed Slate Hits 100K EV Reservations In 2 Weeks: How It Compares To Cybertruck Launch
Tuesday, May 13, 2025 - 11:10am | 737Elon Musk and Tesla Inc (NASDAQ:TSLA) could have company soon with the launch of the Slate electric pickup truck, a new electric vehicle from a company backed by Amazon.com founder and Musk rival Jeff Bezos. If early demand is any indication, the Slate EV pickup truck could be a hit. What Happened...
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Elon Musk, Jeff Bezos, Mark Zuckerberg Gain Billions As US-China Tariff Truce Boosts Tech Billionaires' Fortunes
Tuesday, May 13, 2025 - 7:37am | 492The recent relaxation of tariffs between the U.S. and China has sparked a significant market rally, with tech CEOs and founders reaping substantial benefits. What Happened: The “magnificent seven” stocks, including Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), and Nvidia...
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Perplexity's $14 Billion Valuation Ignites Google Search Engine Shakeup
Monday, May 12, 2025 - 3:09pm | 454Artificial intelligence has captured the imagination of virtually every company in the tech world as the technology rapidly becomes more powerful. Perplexity, an AI startup and a potential threat to Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, was valued at $14 billion in its latest...
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Jeff Bezos Built A $1.97 Trillion Empire By Putting Truth Before Comfort—Here's Why He Thinks That's What Separates Great Companies From The Rest
Sunday, May 11, 2025 - 10:31am | 557What distinguishes a high-performing company from the rest? A culture that puts truth first, according to Jeff Bezos, who built Amazon.com, Inc. (NASDAQ:AMZN) into $1.97 trillion e-commerce giant it is today. In his view, organizations must make space for honest conversations, even if they are...
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Marjorie Taylor Greene 'Frustrated And Upset' With Team Trump, Attempted Assassination Of Scott Bessent, JD Vance Slams Jerome Powell And More: Top Political Updates
Sunday, May 11, 2025 - 7:00am | 612The past week has been a whirlwind of political and business news. From President Donald Trump‘s personal calls to CEOs to an attempted assassination of Treasury Secretary Scott Bessent, there’s a lot to unpack. Let’s dive into the top stories of the week. Trump’s Direct...
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Lyft CEO Says He Learnt 'How To Compete' From Bill Gates And 'How To Obsess Over Customers' From Jeff Bezos —Now His Focus On Weaknesses Over Strengths Drives Record Rides, Earnings Beat, And 28% Stock Surge In Single Session
Saturday, May 10, 2025 - 1:18am | 597Lyft Inc. (NASDAQ:LYFT) CEO David Risher‘s leadership strategy, shaped by his decade working under tech titans Bill Gates and Jeff Bezos, has propelled the ride-sharing company to record performance in 2024. What Happened: Risher, who joined Lyft as CEO in 2023, credits a specific lesson from...
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Nebius Stock Is Rallying This Week As Amazon's Bezos Leads Funding For AI Data Unit
Thursday, May 8, 2025 - 1:18pm | 530Shares of Nebius Group NV (NASDAQ:NBIS) are trading up more than 10% since Wednesday's open after the company announced a strategic investment in its AI data solutions subsidiary, Toloka. What To Know: The investment round is led by Bezos Expeditions, the investment arm of Amazon’s Jeff Bezos...
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House GOP Representatives Want To Axe Federal EV Credit Amid Trump's Tax Cuts: Report
Thursday, May 8, 2025 - 3:12am | 501House Republicans could eliminate the federal EV credit program as the GOP Representatives consider ways to implement President Donald Trump's tax cut package. What Happened: "I think there is a better chance we kill it than save it. But we'll see how it comes out." GOP House Speaker Mike Johnson...