Andy Jassy

Who’s Faster? Amazon and Walmart Race to Meet Demand for Instant Delivery
Who’s Faster? Amazon and Walmart Race to Meet Demand for Instant Delivery
August 09, 2024  |  Retail

As retail giants Amazon and Walmart compete to be consumers’ go-to for more of their day-to-day needs, the two companies are looking to delivery times...

READ MORE >
Shoppers’ Frustrations With Locked-Up Pharmacy Items Drives eCommerce Adoption
Shoppers’ Frustrations With Locked-Up Pharmacy Items Drives eCommerce Adoption
August 05, 2024  |  Retail

As consumers grow tired of retailers’ increasing utilization of locked display cases, cable ties and electronic tags, many are switching to digital channels to eliminate...

READ MORE >
Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
August 01, 2024  |  Amazon

While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like....

READ MORE >
AI Integration Drives Revenue Streams for Tech Giants
AI Integration Drives Revenue Streams for Tech Giants
July 31, 2024  |  artificial intelligence

Major technology companies are embedding artificial intelligence (AI) into their core products and services, creating new revenue opportunities and enhancing user experiences. Integrating AI across...

READ MORE >
Amazon North American Sales Soar in Q1
Amazon North American Sales Soar in Q1
April 30, 2024  |  Amazon

Although it was closely watched for the manner in which it handled its artificial intelligence (AI) investments, Amazon dropped a stunner of a Q1 earnings report...

READ MORE >
Amazon CEO Shareholder Letter Goes Big on AI and AWS
Amazon CEO Shareholder Letter Goes Big on AI and AWS
April 11, 2024  |  Amazon

Amazon CEO Andy Jassy published his 2023 Letter to Shareholders Thursday (April 11), outlining how the company is changing and its goals for the future. It’s a 28-minute read by...

READ MORE >
Amazon AI Revenue Forecast Ignites Industry Debate: Breakthrough or Pipe Dream?
Amazon AI Revenue Forecast Ignites Industry Debate: Breakthrough or Pipe Dream?
March 18, 2024  |  artificial intelligence

Amazon’s CEO, Andy Jassy, has sparked intense debate among industry observers with his bold projection of earning billions from artificial intelligence (AI) in the coming years....

READ MORE >
Jassy: Amazon’s GenAI Tools Could Boost Customer Experience and Profits
Jassy: Amazon’s GenAI Tools Could Boost Customer Experience and Profits
February 01, 2024  |  Earnings

Riding a huge wave of consumer holiday spending and harvesting its October Prime Big Deal Day season, Amazon delivered its highest operating income ever late...

READ MORE >
Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
October 26, 2023  |  Amazon

Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Earnings materials...

READ MORE >