Andy Jassy

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...

Amazon.com Inc. (NASDAQ:AMZN) inadvertently sent an email to its cloud division employees, indicating impending layoffs. This revelation comes amidst ongoing efforts by the tech giant to streamline its operations. Organizational Changes At Amazon Amazon mistakenly sent an email to its cloud staff...

President Donald Trump is one of the most followed people on social media platform X with 109.4 million followers. The president prefers to post messages daily on his own Truth Social platform, owned by Trump Media & Technology Group (NASDAQ:DJT), but he made a rare exception recently to...

Amazon.com Inc. (NASDAQ:AMZN) is reportedly set to begin its next wave of mass layoffs affecting its white-collar corporate workers in its effort to streamline its bureaucracy and drive efficiencies. Amazon To Begin Next Round of Layoffs The Seattle-based company plans to begin issuing pink slips...

When Jeff Bezos stepped aside in 2021, the Amazon.com Inc. (NASDAQ:AMZN) founder handed the keys to Andy Jassy, a longtime insider whose leadership philosophy was shaped long before boardrooms — by lessons from his father. From Early Amazon Employee To Bezos' Chosen Successor Jassy became Amazon's...

Sam Altman-led OpenAI is reportedly in talks with Amazon.com Inc. (NASDAQ:AMZN) about a potential investment that could exceed $10 billion and a deal to use its artificial intelligence (AI) chips. The news was first reported by The Information on Tuesday and later by several news outlets,...

Amazon.com Inc's (NASDAQ:AMZN) latest reorganization isn't a cost-cutting move — it's a cultural reset. CEO Andy Jassy wants to make Amazon "the world's largest startup," he said while responding to analyst questions on the third-quarter earnings call. Track AMZN stock here. Not About AI, Not...

Andy Jassy thinks your grocery list needs a software update. The Amazon.com Inc (NASDAQ:AMZN) CEO believes the "weekly stock up" is on its way out — replaced by a new kind of grocery behavior that blends everyday essentials, perishables, and AI-driven convenience. "We have a very large grocery...

Ecommerce giant Amazon.com Inc (NASDAQ:AMZN) reported third-quarter financial results Thursday after market close. Here are the key highlights. What Happened: Amazon reported third-quarter net sales of $180.2 billion, up 13% year-over-year. The sales total beat the Street consensus estimate of $177...

Billionaire investor Chamath Palihapitiya pushed back against the narrative that AI is to blame for the latest wave of layoffs at Amazon.com Inc. (NASDAQ:AMZN), arguing that the real cause is rooted in flawed recruitment practices from the past decade. This Is ‘Not AI Job Loss’ On...

Sen. Bernie Sanders (I-Vt.) slammed a controversial billboard campaign by a Silicon Valley AI startup that promotes the replacement of human workers with AI and automation. How Will Displaced Workers Survive? On Tuesday, in a post on X, the independent from Vermont called out the billboard ad...

Amazon.com Inc (NASDAQ:AMZN) could be overshadowed by recent negative headlines when it reports third-quarter financial results on Thursday after market close. Here are the earnings estimates, and the key items to watch. Earnings Estimates: Analysts expect the e-commerce giant to report third-...

Amazon will cut up to 30,000 positions from its corporate workforce, starting Tuesday, as part of efforts to streamline operations and address hiring that ballooned during pandemic-era demand spikes. Sweeping Job Cuts This round of layoffs, which could affect nearly 10% of Amazon's roughly 350,000...

Fans of Elon Musk were upset with his exclusion from the TIME100 AI list last year with the xAI founder noticeably absent. The 2025 list finds Musk returning after his 2024 absence. Musk Makes The Cut As the founder of xAI, Musk has been instrumental in the advancement of artificial intelligence,...