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Amazon earnings recap: Company 'maniacally focused on' keeping prices low amid light Q2 guidance

Amazon's reported earnings that narrowly beat estimates. CEO Andy Jassy said he's optimistic as the company braces for tariffs.

Fortune on MSN · 1d

Amazon CEO says the $2 trillion retailer is ‘pretty maniacally focused’ on keeping prices down amid tariff pressure

Andy Jassy told analysts during an earnings call “there’s maybe never a more important time in recent memory” to maintain prices.

Benzinga - Video on MSN · 23h

Andy Jassy Predicts Pandemic-Like Consumer Shifts, Says Amazon Is 'Maniacally Focused' On Keeping Prices Low

Amazon CEO Andy Jassy said the company focuses on affordability as he anticipates a possible return to pandemic-like consumer behavior. During Amazon’s first-quarter earnings call, Jassy said the company is closely watching trade tensions and potential tariff increases.

Company 'better positioned' than competitors

CNBC on MSN · 1d

Amazon CEO Jassy says he's 'optimistic' company could emerge from tariff uncertainty stronger

Amazon CEO Andy Jassy said he's "optimistic" it could emerge from the current tariff environment stronger than before.

GeekWire on MSN · 1d

Amazon CEO Andy Jassy gives measured take on tariffs, says company could emerge stronger

Amazon CEO Andy Jassy says the company hasn’t seen a meaningful impact from tariffs yet, citing stable prices and forward-buying—but warns of uncertainty ahead.

USA TODAY on MSN · 1d

Amazon CEO on tariff impacts: Company 'better positioned' than competitors

Amazon CEO Andy Jassy said May 1 that the retailer hasn't seen an increase in prices and is optimistic the company can weather the tariff situation.

Bezos to sell up to $4.75B in Amazon stock

NBC News on MSN · 22h

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

Bezos, who stepped down as CEO in 2021 but remains Amazon’s top shareholder, is selling the shares as part of a trading plan adopted on March 4, the filing states.

Variety on MSN · 21h

Jeff Bezos Files to Sell $4.8 Billion Worth of Amazon Stock — but He Would Still Own Nearly 900 Million Shares

Jeff Bezos filed with the SEC to sell up to 25 million shares of Amazon stock, worth $4.8 billion. He would still own 885 million shares.

USA TODAY · 18h

Amazon faces tariff pressure as sellers stockpile inventory

As shoppers step up purchases to avoid tariff impacts, Amazon and its sellers may struggle to avoid price increases as they blow through inventory.

Amazon falls short on cloud revenue for 3rd straight quarter

Reuters · 1d

Amazon cloud revenue, income forecast disappoint, shares slide

Amazon.com on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.

U.S. News & World Report · 1d

Amazon Forecasts Quarterly Revenue Above Estimates, Cloud Growth Lags

Amazon Web Services, the company's cloud unit, is showing signs of weakness, with revenue growth of 17% to $29.27 billion missing expectations of a 17.4% growth. AWS, the largest cloud provider, lagged No.

NBC Los Angeles · 1d

Amazon falls short on cloud revenue for third straight quarter

Amazon continues to invest in infrastructure to run artificial intelligence models from Anthropic and other clients.

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Shannon Loew, Amazon’s head of global real estate, is leaving after succeeding longtime leader

Shannon Loew, who led Amazon’s Global Real Estate & Facilities team. (Amazon Photo) Shannon Loew, Amazon's global real estate ...

6hon MSN

Andy Jassy says he's trying to restore Amazon's culture by getting rid of these 2 things

Amazon CEO Andy Jassy says he's trying to restore the company's culture by getting rid of remote work and management layers.

3don MSN

Amazon Insists It Isn’t Listing Tariff Price Hikes After Trump Administration Rips ‘Hostile’ Company

Amazon said it was "never a consideration" to list price increases due to tariffs after Trump press secretary Karoline ...

Amazon Says Operating Profits May Decline Amid Economic Uncertainty

For the current quarter, which ends in June, Amazon told investors to expect sales of $159 billion to $164 billion, and for ...

18h

Amazon-backed creator startup Spotter lays off staffers. Read the memo from its CEO.

Creator startup Spotter cut staff this week. The startup works with YouTubers like MrBeast and Dude Perfect and has an ...

1don MSN

Amazon Stock Slips After Earnings. How It Fell Short of Microsoft’s Bar.

Amazon shares were falling after the company reported better-than-expected earnings but its cloud-computing growth came in ...

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Amazon CEO says 100,000 users now have Alexa+

Amazon CEO Andy Jassy said Alexa+, the upgraded digital assistant powered by generative AI, has now rolled out to over ...

Amazon overhauls a whopping 50 logos in global brand refresh

A new pair of custom fonts finally tie Amazon products and services together, as part of a global refresh by the design agency Koto.

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