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The Latest Breaking News from Andy Jassy

Amazon's big tech plans pay off for customers (and its pockets)

Amazon is plowing big money into AI and e-commerce projects.

The Street

Amazon CEO hints new AI Alexa will complete your tasks

Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it’s unclear when the product will actually launch.

Fortune

Amazon Pops After Q3 Earnings: Is It Too Late to Buy AMZN Stock Now?

While Amazon stock is trading higher today after reporting better-than-expected Q3 earnings, it might still not be too late to buy AMZN stock.

Barchart

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Amazon Leads Dow Jones Stocks After Stellar Earnings Report

Amazon stock is higher Friday after the e-commerce and cloud giant reported strong Q3 earnings and Wall Street sees even more upside ahead. Here's why.

Kiplinger

Amazon, IBD Stock of The Day, Jumps 6% As Earnings Beat Eases Investor Fears

Amazon stock is surging Friday after its Q3 results helped ease investor concerns about operating margins for the tech giant.

Investors Business Daily

AI push sees AWS results hit new high as cloud demand soars

Amazon’s Q3 revenue is up 11% thanks to a 19% growth in its cloud division, which accounts for nearly a fifth of total company revenue.

TechRadar

Goldman Sachs analyst updates Amazon stock price target after earnings

Amazon CEO Andy Jassy called generative AI a 'once-in-a-lifetime type of opportunity' for the tech and e-retail giant.

The Street

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Amazon workers just sent a harsh memo to exec over comments

Hundreds of Amazon employees are upset.

The Street

Amazon's $110 billion cloud business is sporting record profits even amid the expensive the Gen AI arms race

CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may pay off big later.

Fortune

Distraught Amazon employees send AWS chief open letter against RTO policy, calling it an ‘outright abdication’ of its role as industry leader

Hundreds of employees criticized Amazon’s leadership for making a gut decision rather than a data-driven one.

Fortune

Hundreds of Amazon employees petition CEO to reverse return-to-office policy

Amazon’s cloud workers have been told to return to the office full-time, but a petition is being put forward to stop that.

TechRadar

Amazon cuts major perk customers love

The online retail giant is ending a beloved Prime membership perk.

The Street

Tech Executives Seek Audience With Trump Ahead Of Election

Top tech executives engage with Trump ahead of Election Day, signaling potential support. Trump's interactions with CEOs like Tim Cook, Sundar Pichai, and ...

Top News

Amazon exec says 9 out of 10 workers are happy with the company’s RTO mandate

Despite Matt Garman's assessment that most workers are raring to return to their desks, studies suggest that many will be disgruntled and take up his offer to quit.

Fortune

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The Street

Amazon exec has tough words for employees over return to office

Matt Garman, CEO of Amazon Web Services, has responded to recent complaints about the company’s new return-to-office policy.

Fortune

Amazon boss has a brutal response to staffers who don’t like 5-day RTO mandate: Leave

Amazon CEO Andy Jassy has told staff to be in the office five days a week, with AWS CEO Matt Garman saying staff should leave if they don’t like it.

International Business Times UK

Amazon Exec Says 9 Out Of 10 Workers Happy With RTO Policy, Tells Critics To Quit Since 'There Are Other Companies Around'

Amazon's new 5-day in-office policy has sparked widespread backlash from employees. Many argue it's unnecessary and time-consuming.

Investors Business Daily

Amazon Sets Third Quarter Earnings Date. Why Its Starlink Competitor Will Be In Focus.

Amazon stock analysts have been debating what Amazon's Project Kuiper satellite internet ambitions will mean for its profitability push.

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news in one place.

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The Street

Goldman Sachs analyst revisits Amazon stock price target ahead of earnings

Tech and retail giant Amazon will post third quarter earnings on Thursday Oct. 24.

The Street

Top return to office stock to watch

You may want this childcare stock on your 2025 dance card as many companies return to the office.

Fortune

Former Amazon and Flexport leader Dave Clark has raised $100 million to bet on himself

The former CEO of Amazon’s consumer business has founded Auger, an AI-powered startup aiming to build a modern supply-chain OS.

International Business Times UK

Amazon Has Over 1.5M Employees But Around 14,000 May Be Cut: What Is Going On?

According to Morgan Stanley, Amazon could save billions by cutting 14,000 managers. The company has already laid off thousands of employees this year.

Investors Business Daily

Online Holiday Shopping Could Set Record. Amazon, Walmart Are Kicking Things Off Early.

Analysts expect U.S. holiday online shopping will start early and come in strong.

Fortune

Leaked: Whole Foods CEO tells staff he wants to turn Amazon’s RTO mandate into more ‘carrot’ than ‘stick’

Employees of the Amazon-owned grocery subsidiary submitted more than 1,200 questions about the controversial five-day return-to-office policy ahead of a special all-staff meeting.

Fortune

Amazon’s RTO charge is just layoffs in disguise, experts say

The tech mammoth’s RTO push is wildly unpopular—and that could be exactly what it wants.

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People

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