How Amazon flipped the script on a challenging week

Wall Street loved what it saw from Amazon this week. Yes, despite the layoffs.

Amazon could be a 'top three' grocery player in the U.S., Jassy says

Amazon CEO Andy Jassy said that even without counting Whole Foods — the high-end grocery store chain it bought in 2017 — and ...

Amazon just laid off 1,403 Californians. The CEO says it wasn’t to save money.

As Amazon’s wave of corporate layoffs starts to ripple across the country — including with 1,403 job cuts in California — CEO Andy Jassy took an opportunity to defend the move on Thursday.  During the ...

Amazon stock hits record, lights up ETFs

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into the next few months giving him 'significant confidence' he said.
Investor's Business Daily on MSN

Nvidia Rises As Amazon's Andy Jassy Touts 'Deep Relationship'; Is Nvidia A Buy Or Sell Now?

Nvidia stockNVDA was rising on Friday after AmazonAMZN confirmed its capital expenditure plans and delivered robust quarterly ...
Retail Dive

AI will accelerate the end of brick and mortar’s reign: Amazon CEO

The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical ...

Amazon's Jassy touts future of AWS, grocery delivery, and AI-integration in retail

Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the ...

Jassy talks up 'meeting or beating' other retailers, expanding in groceries, rural areas

During Amazon's earnings call, Chief Executive Andy Jassy said the e-commerce giant was committed to "meeting or beating ...