Andy Jassy

Amazon Inc. (NASDAQ:AMZN) is swapping out its Rufus chatbot for Alexa, positioning it as the core of its AI shopping strategy. The e-commerce giant introduced Alexa for Shopping, a new AI shopping bot on Wednesday. This new tool merges the functionalities of Rufus and Alexa+, utilizing user...

Andy Jassy says Amazon.com Inc.'s (NASDAQ:AMZN) enormous artificial intelligence spending spree is not a red flag for investors but a strategic move designed to secure the company's next major growth engine. Amazon's AI Investment Strategy Raises Stakes Amazon plans to spend roughly $200 billion in...

The numbers behind the AI build-out have quietly crossed a threshold that should give every investor pause. Goldman Sachs strategists, in a note published this week, just put a hard figure on what the market has been treating as a vague “spending a lot” story.   MSFT stock is moving....

Memory is becoming one of the highest hidden costs in the AI arms race. Meta Platforms Inc. (NASDAQ:META) raised its 2026 capital expenditure outlook to $125 billion to $145 billion, up from a prior range of $115 billion to $135 billion.  On the company's earnings call, CFO Susan Li said the...

Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy on Wednesday said that the company noted the imbalance between supply and demand early and moved to secure supply through long-term partnerships. Memory And Storage Costs Under Pressure During Amazon's first-quarter earnings call, Shweta Khajuria of...

Amazon.com Inc (NASDAQ:AMZN) reported financial results for the first quarter after the market close on Wednesday. Here’s a look at the key details from the print. Amazon.com stock is trading near highs. Why are AMZN shares outperforming? Amazon Q1 Highlights Amazon reported first-...

The Dow Jones Industrial Average finished Monday little changed, slipping 0.01% to 49,442.56. Meanwhile, the S&P 500 and the Nasdaq declined 0.24% and 0.26% to 7,109.14 and 24,404.39, respectively. These are the top stocks that gained the attention of retail traders and investors through the...

Jim Cramer is no stranger to sharing his thoughts on stocks, as he is featured daily across financial television programming. Some investors follow his thoughts and may invest in the picks he makes, while others may do the opposite and invest against his picks, or the "Inverse Cramer," as it has...

Citron Research has set a massive $300 price target for Amazon.com Inc. (NASDAQ:AMZN), projecting 28% upside from current levels, citing a hidden semiconductor empire that could soon rival the industry leader Nvidia Corp. (NASDAQ:NVDA). ‘Trillion-Dollar’ Threat To Nvidia Following the...

Despite concerns over Amazon Inc. (NASDAQ:AMZN) investing heavily in AI, BNP Paribas analyst Nick Jones believes the company is poised to meet the growing cloud demand. Jones, in a note released on Tuesday, said “concerns are overdone,” and argued that Amazon...

Oil nearing $120 per barrel threatens to turn the AI data-center boom into an earnings headwind for Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and Microsoft Corp. (NASDAQ:MSFT), whose cloud businesses are among the world's most energy‑hungry.  GOOG stock is...

One of the many Super Bowl commercials that aired during Super Bowl LX was one from Amazon.com Inc (NASDAQ:AMZN) unit Ring. The ad focused on the power of smart home cameras being able to help find lost puppies. The commercial also sparked backlash from a senator and has consumers asking questions...

Ecommerce giant Amazon.com Inc (NASDAQ:AMZN) reported fourth-quarter financial results Thursday after market close. Here are the key highlights. Amazon Q4 Earnings Amazon reported fourth-quarter net sales of $213.39 billion, up 14% year-over-year. The revenue total beat a Street...

Amazon.com Inc (NASDAQ:AMZN) could show off more growth for its AWS segment when the company reports fourth-quarter (Q4) financial results Thursday after market close. Here are the earnings estimates, what analysts are saying and the key items to watch. Amazon Q4 Earnings Estimates Analysts expect...

Amazon.com Inc (NASDAQ:AMZN) is shutting down the lab and funding the battlefield. After years of experimenting with Amazon Fresh and Amazon Go, CEO Andy Jassy is pulling the plug on the underperformers and redirecting capital toward a 100-store Whole Foods expansion and a new physical "retail...