Latest Andrew Jassy News
Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America's largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper...
Amazon reports boost in quarterly profits but misses revenue estimates
Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. The Seattle-based tech company said it earned $13.5 billion for the April-June period, higher than the $10.99 billion industry...
Amazon Prime Video's global reach was a major factor in 11-year agreement with NBA
Jay Marine is finally able to relax and celebrate after a hectic couple of months. The global head of sports programming for Amazon Prime Video found out Wednesday afternoon that they will be carrying the NBA beginning with the 2025-26 season, along with ESPN/ABC and NBC. Warner...
Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time
NEW YORK (AP) — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant's stock past that threshold. Shares in Amazon.com Inc. finished the day up almost 4%, giving the Seattle-based company a stock market...
