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The Latest Breaking News from Brian Olsavsky

Home Depot’s $730 million tariff refund was largely offset by rising costs

Home Depot, Amazon, and Walmart are taking very different approaches to the tariff refunds flowing back to retailers.

The Trump administration has doled out $100 billion in tariff refunds, but Americans are suing U.S. companies for not seeing a penny of the returns

The Trump administration has doled out $100 billion in tariff refunds, but Americans are suing U.S. companies for not seeing a penny of the returns

Customers of Five Below, Sony, and Nintendo have filed class action lawsuits demanding they receive refunds from the struck-down import taxes.

How Can Amazon Shoppers Receive Automatic Refunds From the $600 Million Tariff Reimbursement?

How Can Amazon Shoppers Receive Automatic Refunds From the $600 Million Tariff Reimbursement?

Amazon has received a $600 million tariff refund and says some of the money will flow back to customers through automatic repayments and lower prices.

International Business Times UK

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Amazon received hundreds of millions in Trump tariff refunds – and says it will return some to customers

Amazon says that it received over $500 million in refunds from Trump’s trade tariffs

The Independent UK

Amazon Is Getting $600 Million From Trump Tariff Refunds. Some Customers Will Get Automatic Money Back

Amazon CFO Brian Olsavsky outlined how the company is handling tariff refunds and explained why the company's reimbursement was smaller than some investors may have expected.

International Business Times

How Amazon's CFO 'shatters' expectations and helped power the company to No. 1 on the Fortune 500

Brian Olsavsky joined Amazon in 2002, the same year it debuted on the Fortune 500.

Amazon.com Shareholders Back Board as Jassy Touts AI, AWS Growth at Annual Meeting

Amazon.com (NASDAQ:AMZN) shareholders approved the company’s director nominees, ratified Ernst & Young as independent auditor for fiscal 2026 and backed the company’s executive compensation plan at the company’s annual meeting, according to preliminary voting results announced during the meeting

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More than 1,000 Amazon employees sign open letter warning the company's AI 'will do staggering damage to democracy, our jobs, and the earth’

More than 1,000 Amazon employees sign open letter warning the company's AI 'will do staggering damage to democracy, our jobs, and the earth’

The employees accuse the tech giant of “casting aside its climate goals” and helping build a surveillance state with AI.

Stocks Close Out Strong Month With Solid Amazon Earnings: Stock Market Today

Stocks Close Out Strong Month With Solid Amazon Earnings: Stock Market Today

Amazon lifted its spending forecast as its artificial intelligence (AI) initiatives create "a massive opportunity."

Amazon CFO says major news events cause big disruption in consumer spending

Amazon CFO says major news events cause big disruption in consumer spending

Major news events such as Trump assassination attempt appear to be influencing consumer spend, Amazon finance head claims.

Amazon reports boost in quarterly profits but misses revenue estimates

Amazon reports boost in quarterly profits but misses revenue estimates

Amazon's quarterly profits has surged, but the company's revenue fell short of analysts' expectations. For the April-June period, Amazon reported earnings of $13.5 billion, exceeding the $10.99 billion anticipated by industry analysts surveyed by FactSet. This marks an increase from the $6.7 billion earned during the same period last year.…

The Times of India

Amazon CFO blames weak sales forecast on shoppers distracted by Trump assassination attempt and Olympics

Amazon CFO blames weak sales forecast on shoppers distracted by Trump assassination attempt and Olympics

Rather than seeking comfort in clicking the "buy" button, shoppers are apparently reacting to the roller-coaster news cycle by spending less.

Amazon's market cap hits $2 trillion as its CFO keeps an eye on AI—and cutting costs

Amazon's market cap hits $2 trillion as its CFO keeps an eye on AI—and cutting costs

The tech giant is betting big on generative AI.

Should Amazon Stock Follow The ‘Magnificent 7’ Trend and Start Paying a Dividend?

Should Amazon Stock Follow The ‘Magnificent 7’ Trend and Start Paying a Dividend?

While fellow 'Magnificent 7' peers like Alphabet and Meta Platforms have recently initiated dividends, Amazon might not do so for at least the next couple of years.

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Amazon Stock Pops After Q3 Beat: Here’s Why It's Still a Strong Buy

Amazon stock is trading higher today after posting better-than-expected Q3 earnings. Here are the key takeaways from the report, and why AMZN is still a good buy.

Amazon's cloud comment jolts investors

Amazon.com Inc signalled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and clamped down on spending, overshadowing the company's quarterly sales and profit that topped expectations.

Stock Market Today: Stocks Swing Higher After Amazon Earnings, Inflation Data

The major indexes finished the week higher despite Amazon's warning on cloud growth and mixed inflation data.

Tribune News Service

Whole Foods shoppers sue Amazon following end of free delivery for Prime members

Amazon could be facing two legal challenges from shoppers who say the company misled them and violated state law when it ended free delivery from Whole Foods Market for Prime members.

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After its Stock Split, is Now a Good Time to Buy Amazon.com?

E-commerce giant Amazon.com (AMZN) administered a 20-for-1 stock split on June 6. So, shares of AMZN are currently trading below $1,000 for the first time since 2017. However, given the company's bleak growth prospects and significant operational headwinds, is AMZN a good buy now? Read more to learn our view.

Tribune News Service

Amazon falls, projects slower growth as online sales stall

Amazon.com Inc. projected sluggish second-quarter sales growth, as consumers reduce their online spending amid rising inflation and a return to pre-pandemic activities. The shares plunged about 10% in extended trading.

Tribune News Service

Amazon to increase cost of Prime; annual sales rise 22%

Amazon is increasing the cost of its Prime membership for U.S. customers, in part to offset rising expenses associated with wages and transportation, the company announced ahead of its quarterly earnings call Thursday.

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