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The Latest Breaking News from Andy Jassy

Amazon Readying AI Overhaul Of Alexa Voice Assistant With Paid Plan: Report

Alexa is getting an AI upgrade that could include a new paid tier for the voice-enabled assistant, CNBC reported.

Investors Business Daily

Barbara Corcoran’s top advice for Gen Z grads: Forget about the best pay, choose the best boss

Although a job may look great on paper now, in the long term a lack of learning opportunities or an unsupportive boss could lead to career stagnation, according to the "Shark Tank" star.

Fortune

Amazon CEO Andy Jassy: An ‘embarrassing’ amount of your success in your 20s depends on your attitude

But aspirational workers need to follow through on a can do attitude with action, Jessy added.

Fortune

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AWS CEO Adam Selipsky is stepping down

AWS confirms Matt Garman as new CEO as Adam Selipsky steps down with immediate effect.

TechRadar

Amazon Cloud CEO Stepping Down, With AWS Veteran Named To Role

The leader of Amazon Web Services will step down in June. Amazon stock was lower after the news.

Investors Business Daily

Amazon Has A Flashy New Rival In PDD's Temu Shopping Site. It Should Take The Threat Seriously.

Temu emerged from nowhere to become an e-commerce force with aggressive marketing and super-low prices. And Amazon stock watchers are thinking the unthinkable.

Investors Business Daily

Labor Board Goes After Amazon CEO for Suggesting Workers Might Be 'Better Off' Without Unions

The First Amendment applies even to the CEOs of successful companies, but the NLRB seems to disagree.

Reason

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Amazon Stock: The Best Is Yet to Come as GenAI Fuels Next Leg of Growth

The best is yet to come for Amazon as the e-commerce giant positions itself as a prominent AI player and benefits from the growing adoption of GenAI.

Barchart

Amazon Stock Jumps as Cloud Growth Fuels Blowout Quarter

Amazon beat expectations for the first quarter and the Dow Jones stock is soaring. Here's what you need to know.

Kiplinger

AWS Q1 growth pushes ahead as cloud revenue soars

Amazon just had another great quarter thanks to AWS (and AI), and CEO Andy Jassy reckons the best is yet to come.

TechRadar

Amazon sales soar with boost from artificial intelligence and advertising

Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations

The Guardian - US

Amazon Stock Gains On Strong Earnings, AI Push Boosts Cloud Growth

Amazon stock got a boost late Tuesday, after the e-commerce behemoth reported Q1 earnings and sales that beat expectations.

Investors Business Daily

Amazon Triples Quarterly Profit As Cloud Surges

E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived.

International Business Times

Amazon's Grocery Push Takes 'Step Forward' With New Subscription Option

A new subscription option for Prime members marks an "important step" for Amazon's grocery strategy, according to one analyst.

Investors Business Daily

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TechRadar

AWS retires Snowmobile data in a lorry scheme

Amazon pulls its Snowmobile cloud migration truck off the road, citing inefficiencies compared with modern solutions.

TechRadar

Amazon CEO says GenAI may be the biggest technology transformation since the cloud

Amazon CEO Andy Jassy says Generative AI is the next digital revolution, and it’s being likened to the cloud but with a far easier transition.

Kiplinger

Amazon Eyes $2 Trillion Market Cap as CEO Talks AI, Cost Cuts

Amazon CEO Andy Jassy thinks there’s "a long way to go" in all of its businesses and that could be good for investors.

International Business Times

From iRobot To Antitrust Battles: Amazon CEO Speaks Out On Regulatory Challenges

Amazon CEO criticizes regulatory obstacles, lamenting the fallout from the failed iRobot acquisition and calling for a more balanced approach.

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Investors Business Daily

Amazon Notches First Record Close Since 2021 As Chief Executive Touts AI

Amazon leader Andy Jassy said the tech giant will continue investing in AI. Meanwhile, Amazon stock is nearing new highs.

Investors Business Daily

Dow Jones Lower Despite PPI Inflation Relief; Nvidia, Microsoft Price Targets Raised

The Dow fell after initially rising on the PPI inflation report on the stock market today. Analysts hiked Microsoft and Nvidia price targets.

Barchart

Up 19% YTD, How High Can Amazon Stock Go in 2024?

Amazon stock has continued its good run in 2024, and is already up 19% for the year. The stock could still rise from these levels, given its reasonable valuations and strong earnings outlook.

Investors Business Daily

Amazon Is The Cloud King. AI Could Change That.

Amazon stock bolted 11% higher in two days this month. But its profit-driving AWS business faces formidable challengers.

TechRadar

AWS sees another record year for Amazon as AI push drives cloud growth

A big year for generative AI saw Amazon Web Services post considerable revenue increases once again.

Android Central

Amazon enjoyed a strong Q4 thanks to record-breaking holiday sales

Amazon released its Q4 earnings for 2023, and it looks like it had a great closing for 2023.

Fortune

Amazon's Andy Jassy calls predecessor Jeff Bezos the ‘most unusual business leader of our era’

Jassy took over for Bezos in July 2021, inheriting overzealous plans he’s worked to scale back.

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