Latest Andrew Jassy News
Wall Street makes wagers on the likely winners and losers in a second Trump term
NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks of banks, fossil-fuel producers and other companies expected to benefit from...
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading. For the three months that ended on Sept. 30, the Seattle-based tech giant posted a revenue of $158.9 billion, higher...
Amazon is requiring workers to be in the office five days a week starting next year
Amazon is reverting to its pre-pandemic policy and will require corporate employees to be in the office five days a week starting next year, CEO Andy Jassy said Monday. Jassy said in a message shared with employees that the company’s leadership had been thinking in recent months...
