Andy Jassy

E-commerce leader Amazon.com (NASDAQ: AMZN) reported fourth-quarter earnings after the market close Thursday. Here are the key highlights. What Happened: Amazon reported fourth-quarter net sales of $149.2 billion, up 9% year-over-year. The total came in ahead of a Street estimate of $145.45 billion...

One of the largest retailers in the world could soon be among the companies exploring the world of non-fungible tokens. A new report pointed to an NFT initiative from Amazon.com, Inc. (NASDAQ: AMZN) coming this spring. Here are the details and what it could mean. What Happened: A new...

After spending over 25 years leading the e-commerce company he founded, Jeff Bezos stepped down as the CEO of Amazon.com, Inc. (NASDAQ: AMZN) in 2021. With Amazon shares struggling, could Bezos make a triumphant return in 2023? What Happened: Ritholtz Wealth Management Managing Partner Michael...

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.  The markets ended the week higher, despite a strong jobs report, which may increase the likelihood of the Federal Reserve maintaining a...

It’s no secret the COVID-19 pandemic and other world events like the Russia-Ukraine war have shot ramifications throughout the global economy. But on Wednesday, Amazon Inc (NASDAQ: AMZN) CEO Andy Jassy said that he believes the economic outlook to be more “uncertain” than...

Amazon.com, Inc (NASDAQ:AMZN) CEO Andy Jassy said there will be more "role reductions" at the e-commerce behemoth in early 2023 as the company leadership continues to "make adjustments." What Happened: Jassy said in a letter to employees that Amazon's "annual planning process" which the company is...

Jeff Bezos founded ecommerce company Amazon.com Inc (NASDAQ: AMZN) in 1994 and led the company as CEO for many years before stepping down in 2021. Here’s a look at how Amazon stock has done since Bezos stepped down. What Happened: After 27 years leading Amazon, Bezos officially stepped down...

The Dow Jones Industrial Average rose over 1,200 points on Thursday in its biggest one-day rally in over two years after a softer inflation report gave optimism to investors and traders that price rises may have peaked out.  The Nasdaq Composite closed 7% higher while the S&P 500...

Amazon.com, Inc (NASDAQ: AMZN), which had a revenue miss in its third-quarter earnings, is preparing to tighten its belt in the fourth quarter. What Happened: The company’s CFO Brian Olsavsky said the company encountered “moderating sales” and saw foreign currency headwinds in the...

E-commerce leader Amazon.com Inc (NASDAQ: AMZN) reported third-quarter financial results after the market close Thursday. Here's what investors need to know.  What Happened: Amazon reported third-quarter revenue of $127.1 billion, an increase of 15% year-over-year. The total came in shy of...

Amazon.com Inc (NASDAQ: AMZN) is set to report its third-quarter financial results after the bell and expectations are low.  "This could get really ugly tonight," Ritholtz Wealth Management's Josh Brown said Thursday on CNBC's "Fast Money Halftime Report....

The U.S. Federal Trade Commission on Monday rejected Amazon.com Inc's (NASDAQ: AMZN) bid to quash demands for testimonies from founder Jeff Bezos and CEO Andy Jassy in the federal agency's probe into unfair practices at the company. What Happened: The FTC had...

When the COVID-19 pandemic swept throughout the world in early 2020, many business leaders predicted the disease would change business operations forever. Others thought there would be disruptions, but we’d be generally back to life as normal once the virus subsided.  Today, we are still...

U.S. Commerce Secretary Gina Raimondo had meetings with high-profile corporate tech chiefs, including Apple, Inc. (NASDAQ: AAPL) CEO Tim Cook and Amazon, Inc's (NASDAQ: AMZN) Andy Jassy in April 2021, Bloomberg reported, citing a copy of Raimondo's calendar it obtained....

Amazon Web Services, the cloud arm of Amazon.com, Inc (NASDAQ: AMZN), was hogged some much deserved limelight as the Jeff Bezos-founded tech and retail giant unveiled its second-quarter numbers. The e-commerce giant’s AWS-origin revenue came in at $19.7 billion versus the $19.56 billion...