News

Amazon CEO Andy Jassy unleashed a meticulous 8-minute defense of AWS’ standing in the AI arms race amid investor stock freakout

A mazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when ...

Amazon Surges to $168 Billion in 2nd Quarter Sales as CEO Andy Jassy Says AI ‘Will Change Every Customer Experience’

Amazon reported its second quarter earnings on Thursday afternoon, with the company bringing in nearly $168 billion and ...
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Amazon to Layoff 110 Employees at Wondery, CEO Jen Sargent Also Steps Down

Amazon is restructuring its audio division, leading to 110 layoffs at Wondery and the departure of CEO Jen Sargent. The ...

Amazon earnings recap: Stock falls on murky guidance and AI competition despite Q2 earnings beat

Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...

Amazon CEO wants to put ads in your Alexa+ conversations

Andy Jassy's description of an AI-generated ad that Alexa+ delivers in a multistep conversation, which could help users find ...

Amazon gloomy earnings forecast overshadows better-than-expected results

The Deutsche analysts said it's "become abundantly clear" that Amazon has gained a greater share of the U.S. e-commerce ...

Amazon eyes ads and upcharges for Alexa Plus

In the week’s least surprising news, Amazon CEO Andy Jassy revealed that the company is exploring ways to bring ads to Alexa ...

Amazon is getting complacent, analyst says, as AWS lags behind

AWS growth is under scrutiny after Amazon CEO Andy Jassy's earnings call failed to reassure investors. Brad Erickson, RBC ...