Amazon CEO Andy Jassy joined the company’s earnings call with analysts and investors for the first time Thursday afternoon, explaining that it’s something he plans to do “from time to… Read More
Amazon’s earnings report Thursday will be its first with CEO Andy Jassy at the helm. While it may be tempting to view the numbers as setting the tone for a… Read More
Amazon’s Q4 2020 earnings last week were understandably dominated by news that CEO Jeff Bezos is stepping down in Q3 2021, to be replaced by Amazon Web Services chief Andy… Read More
A former senior manager in Amazon’s tax department has been charged with insider trading by the Securities and Exchange Commission. Laksha Bohra allegedly acquired confidential information while she prepared and… Read More
Amazon Web Services yet again powered the tech giant’s bottom line in Q3, but for the second quarter in a row cloud revenue growth dropped below 40 percent. RELATED: Amazon shares… Read More
In just a few hours, Amazon could follow in the footsteps of crosstown rival Microsoft, which hit a $1 trillion market cap after posting a strong quarterly update yesterday. Amazon… Read More
Amazon’s self-proclaimed record-breaking holiday season also came with record costs for shipping billions of items to customers’ doors. The e-commerce giant spent $9 billion on shipping in the fourth quarter,… Read More
Amazon’s “record-breaking” holiday season powered the tech giant to a strong quarter, breaking a streak of two consecutive revenue misses. Revenue: Amazon posted $72.4 billion in revenue, a rise of… Read More
Today’s featured stories Amazon’s record quarter: $2.5B in profits is biggest ever as tech giant comes up just short on sale Trump targets Twitter, his favorite communication platform, following reports… Read More