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The Latest Breaking News from Andy Jassy

Amazon Makes A Big Grocery Splash. Will It Be Enough To Erase Walmart's Lead?

Amazon stock got a boost after overhauling its grocery strategy. But it is still facing stiff competition.

Investors Business Daily

Brooks CEO Dan Sheridan says the top job drives him ‘nuts’ 20% of the time—but one mindset mantra keeps him sane

Like Amazon CEO Andy Jassy, keeping a positive attitude helps the Warren Buffett-backed leader stay motivated toward success.

Fortune

Robinhood CEO admits his RTO call was wrong and now says execs must be in the office 5 days a week: ‘Your manager is going through more pain than you’

To change the future of the workforce, Robinhood's CEO says change has to start in the corner offices.

Fortune

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Amazon has tried to crack Walmart’s groceries empire for decades, with limited success. A massive same-day shopping expansion could change that

Amazon has boasted that it’s building a digital “supercenter that’s actually super to shop at”—a thinly veiled swipe at its retail rival.

Fortune

Amazon's Starlink Competitor Tops 100 Satellites. What Project Kuiper Means For Amazon Stock.

A rival helped Amazon launch a fourth set of Project Kuiper satellites.

Investors Business Daily

AI is already changing the corporate org chart

AI isn't just a new tool for the modern workplace; it's quietly reshaping how companies are organized.

Fortune

Amazon may bring ads to Alexa+ in least surprising move ever

A new report claims Amazon could bring advertising to Alexa Plus.

Tom’s Guide

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AI is already replacing thousands of jobs per month, report finds

The tech industry ‘is being reshaped by the advancement of artificial intelligence,’ firm says

The Independent UK

If Amazon wants to kill Alexa+ stone dead, its CEO’s latest advertisement idea is probably the way to do it

Amazon CEO Andy Jassy is already planning the demise of Alexa+, making some of its answers sponsored.

TechRadar

Make up to $370K working for Walmart—as AI steals jobs, the retail giant is handing out six figures for roles far from the shop floor

As unemployment climbs and AI wipes out white-collar jobs, Walmart is dangling six-figure salaries for new tech hires.

Fortune

Amazon Falls on Fears That AWS Is Losing Market Share: Should You Buy the AMZN Stock Dip Here?

Amazon stock is trading lower today as AWS's Q2 performance and the company's Q3 operating income guidance spooked investors. Should you buy the dip here?

Barchart

Is Amazon Losing Ground To Microsoft And Google in AI?

Amazon stock tumbled Friday after its Q2 cloud revenue growth disappointed compared to results from Google and Microsoft.

Investors Business Daily

Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'

Following its second-quarter earnings report, Amazon.com Inc.‘s (NASDAQ:AMZN) stock experienced a significant sell-off. However, a closer look at the details from the earnings call reveals that the primary reason for the slowdown in Amazon’s cloud business, Amazon Web Services (AWS), is not a lack of demand, but a severe capacity…

Benzinga

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

AWS is the clear cloud leader in Big Tech. But fast-growing rivals, and the AI boom, have investors spooked.

Fortune

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Fortune

Andy Jassy says Amazon has chosen to 'embrace' AI, promising it 'will make all our teammates' jobs more enjoyable'

Jassy told analysts that companies have two choices, to embrace and shape the change that's coming, or "wish it away and have it shape you."

International Business Times

Amazon Profits Surge 35% But Forecast Sinks Share Price

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off.

The Guardian - US

Amazon fails to calm tariff worries with worse-than-expected financial outlook

Tech giant reported generally positive revenue numbers, but may not meet expectations on its operating income

Fortune

Amazon earnings beat across the board, but shares fall as investors fret about trade headwinds

With headcount inching up to 1.55 million, CEO Andy Jassy said "AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business growth, and I’m excited for what lies ahead."

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news in one place.

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Fortune

As AI threatens jobs, Mark Cuban once said this human skill can help Gen Z stand out—and it’s completely free

“We’d all rather do business with somebody who smiles. We’d all rather work with somebody who smiles,” Cuban said in 2023.

Fortune

Union Pacific’s CEO started as a teen track worker—now he’s leading an $130 billion empire and says Gen Z interns need curiosity to be like him

Union Pacific CEO Jim Vena has climbed the railroad ranks since he was a teenager making mere dollars to maintain tracks to millions in the c-suite. He shares his advice for Gen Z.

Barchart

Amazon Is Cutting AWS Jobs. How Should You Play AMZN Stock Here?

Amazon trims AWS roles, yet Wall Street sees upside with strong cloud growth and AI tailwinds still firmly intact.

Benzinga

Amazon Ring Is Making AI A Job Requirement—Starting With Promotions

Amazon.com Inc. (NASDAQ:AMZN) has implemented a new policy at its Ring division, requiring employees to demonstrate their use of artificial intelligence (AI) as part of the promotion process.

Fortune

If Amazon Ring staff want a promotion, they must now prove they’ve used AI

The new policy expands expectations of AI use in Amazon’s smart home division.

The Independent UK

The dirty secret about AI in the office that has CEOs admitting millions of white-collar jobs will be replaced

TECHNOLOGY: Artificial Intelligence may not be fully replacing the duties of middle managers, but it is allowing companies to employ fewer of them, writes Graig Graziosi

Fortune

As tech CEOs predict AI will replace humans in just 5 years, this Fortune 500 boss says taking the focus off real people is a ‘recipe for failure’

As tech giants lay off thousands of workers to make way for AI, the CEO of the $8 billion food giant, Ingredion, says the secret for success remains in the people.

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People

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