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The Latest Breaking News from Andy Jassy

Stock Market Today: Stocks tick higher after strong finish to Big Tech earnings

Amazon injected markets with a bit of optimism after posting strong results Thursday.

The Street

Amazon managers can now sack employees who won’t work from the office 3 days a week

“Continued non-compliance” with the tech giant’s return-to-office mandate could land employees in hot water, according to Amazon’s new management guidelines.

Fortune

LVMH boss Bernard Arnault has just lost his spot as the world’s second-richest person to Amazon founder Jeff Bezos

LVMH CEO Bernard Arnault has seen his wealth overtaken by that of Amazon founder Jeff Bezos.

Fortune

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Apple CEO Tim Cook got a $41 million payday after massive stock sale, as the iPhone maker’s shares creep down from summer highs

Apple CEO Tim Cook had a multi-million pound payday as he vested awards as part of his compensation package.

Fortune

Amazon’s return to office rule could take 3 years to become a reality, says senior exec: ‘It hasn’t been perfect.’

Amazon CEO Andy Jassy has been tough with his return to office mandate—senior exec Peter DeSantis had a more compromising tone.

Fortune

Amazon investment aims to close AI gap with Google, Microsoft

Amazon is looking to close the AI gap with rivals Google and Microsoft with a potential $4 billion investment in the San Francisco startup Anthropic.

The Street

Bill Ackman has employees in the office five days a week but makes an intriguing remote work concession

The hedge fund billionaire does allow remote work, just not all year.

Fortune

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Analyst who called Amazon's rally updates price target (many investors won't be happy)

Here's what could happen to Amazon's stock price next.

The Street

2 AI Stocks to Transform Your Portfolio

The AI sector is set for explosive growth, and tech giants Amazon and Microsoft are leading the charge. Amazon's AWS harnesses AI for cloud solutions, while Microsoft integrates generative AI across its software suite, making both firms compelling investments.

Barchart

Dave Clark, the former Amazon exec who lost out to Andy Jassy, just quit his startup CEO role because the founder returned

“Founders have the right to change their minds,” Clark said in the surprise announcement that he was leaving Flexport.

Fortune

Amazon’s Andy Jassy shouldn’t make return-to-office decisions in an echo chamber of CEOs driven by feelings

It's a textbook example of confirmation bias–a cognitive bias where we look for information that confirms our beliefs and ignore information that doesn’t.

Fortune

Amazon CEO has harsh words for employees who want to work from home

Andy Jassy is frustrated with workers' lack of enthusiasm for returning to the office.

The Street

Amazon tests change to free shipping minimum

The online retail leader is playing with fire as it faces increased competition and rising prices.

The Street

Amazon issues a hard-nosed warning to workers

Amazon's CEO Andy Jassy made a decision many employees won't like.

The Street

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The Independent UK

Amazon CEO sparks backlash for telling remote workers it’s ‘not going to work’ for them: ‘Big tech hypocrisy’

‘It’s past the time to disagree and commit,’ Amazon CEO says

Fortune

An software CEO worth $12 billion says he goes to the office ‘once a quarter,’ bucking Big Tech's return to office trend

Atlassian CEO Scott Farquhar says he hasn't seen a productivity change after letting employees work from home.

Fortune

Amazon CEO Andy Jassy has a brutal message to remote workers refusing to come back

Jassy reportedly told staff: "It's past the time to disagree and commit."

TechRadar

Amazon CEO slams remote workers, tells them to leave the company

Andy Jassy says Amazon employees unable or unwilling to return to the office should look for work elsewhere.

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Investors Business Daily

Investors Are Underestimating This Part Of Amazon's Business, Analysts Say

A trio of analyst reports this week said improved e-commerce fulfillment capabilities will deliver upside for Amazon stock going forward.

The Guardian - UK

‘Driverless cars are the hardest problem you could want to solve’ – Oxa’s Gavin Jackson

The head of the UK tech startup is as passionate about self-driving ‘autonomy’ as Elon Musk – but thinks it could be 20 years away

Fortune

Amazon’s sends email scolding employees for not coming to the office—even though they did

Amazon said the email was an oversight, but it still underscores the tech giant’s difficulty in getting its employees back to the office.

The Street

5 things Amazon shareholders and customers need to know

The e-commerce/technology titan's stock has moved up 9% since Aug. 2, following a strong earnings report.

Barchart

The 2 Best AI Stocks to Buy in August

Some skeptics see a bubble forming in artificial intelligence, but there are still exciting opportunities to bet on future growth. Here's why Amazon and Nvidia are two AI stocks worth adding to your portfolio right now.

Investors Business Daily

Amazon Gets An Earnings Lift, But Is It Back On The Growth Track?

E-commerce and cloud-computing leader Amazon.com has much to prove as it attempts to regain its mojo.

TechRadar

AWS results impress again to boost Amazon profits

AWS cloud revenue soars again thanks to artificial intelligence, but so do operating costs.

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