Andy Jassy

The second-quarter results of the cloud industry’s major players – Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc‘s Google (NASDAQ:GOOGL) – have unveiled significant shifts in the industry dynamics....

Amazon.com, Inc. (NASDAQ: AMZN) kicked off its 48-hour Prime Day sale on Tuesday. Deepwater Asset Management's Gene Munster says the competition should look out.  What To Know: Amazon’s Prime Day event offers Prime members exclusive access to the company's ...

Amazon.com Inc, (NASDAQ:AMZN) is set for its annual Prime Day event, with CEO Andy Jassy promising a shopping spree unlike any the Seattle-based company has hosted. Scheduled to run from 3 a.m. ET on July 11 to the same time on July 12, the retail rush promises “more deals than any past Prime...

In a candid interview, Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy has confronted the perception of the e-commerce giant lagging behind competitors like Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) in the artificial intelligence race, presenting a compelling...

E-Commerce behemoth Amazon.com, Inc. (NASDAQ:AMZN) continues to steer its $1.2 trillion ship with a focus on efficiency, long-term investments and an eye on the horizon. A Thursday CNBC interview featuring CEO Andy Jassy provided valuable insights into its operational strategies, growth...

Shares of Amazon.com, Inc (NASDAQ:AMZN) are moving to the upside by more than 3% Thursday after a report issued by The Wall Street Journal suggests that the company is seeking to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more...

The issue of executive compensation remains a highly debated subject among shareholders of publicly traded corporations. This discussion is fueled by instances where job and cost reductions are implemented, while some executives continue to receive substantial rewards. What Happened: New rules for...

Amazon, Inc. (NASDAQ:AMZN) stock continues to bounce around the bottom and the first-quarter earnings did little to lift sentiment. What Happened: Seattle, Washington-based Amazon reported first-quarter sales and earnings per share that exceeded expectations. Investors, however, were worried about...

Amazon.com, Inc. (NASDAQ:AMZN) CFO Brian Olsavsky said during the first-quarter earnings conference call the company is working hard and making progress at improving operating margins to pre-pandemic levels but noted: “It's a longer road than bouncing back in one or two quarters.”...

Ecommerce giant Amazon.com Inc (NASDAQ: AMZN) reported first quarter financial results after market close Thursday. Here are the key highlights. What Happened: Amazon reported first-quarter revenue of $127.4 billion, up 9% year-over-year. The revenue total came in ahead of a Street consensus...

Amazon.com, Inc. (NASDAQ: AMZN) started laying off staff in its cloud and PXT (People eXperience and Technology) divisions. What Happened: Amazon Web Services CEO Adam Selipsky and human resources head Beth Galetti sent memos about job cuts to employees on Wednesday,...

Amazon.com, Inc (NASDAQ: AMZN) CEO Andy Jassy addressed the company's short-term headwinds, continued investment in growth areas, cost control measures and generative AI in his annual shareholder letter Thursday. Here’s a breakdown of what the CEO had to say. AWS...

Andy Jassy is a name that has become synonymous with innovation and leadership in the technology industry. As the CEO of Amazon.com, Jassy has led the company to new heights, driving growth and transforming the cloud computing industry. Throughout his tenure, Jassy has shared his wisdom through...

Amazon.com Inc (NASDAQ: AMZN) announced a fresh round of job cuts Monday that are set to impact about 9,000 workers in the coming weeks. What To Know: In a new memo to employees, CEO Andy Jassy said Amazon plans to eliminate more workers as it continues to focus on cutting costs.  "...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported fourth-quarter financial results after market close Thursday. The results showed growth of the AWS cloud business and several hits on Amazon Prime Video helping boost subscriptions. Analysts weighed in with their takes on the financial...