News

Amazon Surges to $168 Billion in 2nd Quarter Sales as CEO Andy Jassy Says AI ‘Will Change Every Customer Experience’
Amazon reported its second quarter earnings on Thursday afternoon, with the company bringing in nearly $168 billion and ...
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Amazon dismisses OneWeb as a rival
Amazon CEO Andy Jassy didn’t mention Elon Musk’s Starlink, or Eutelsat’s OneWeb, or Canada’s Telesat Lightspeed or any of the ...
Amazon earnings recap: Stock falls on murky guidance and AI competition despite Q2 earnings beat
Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...
Amazon CEO Andy Jassy unleashed a meticulous 8-minute defense of AWS’ standing in the AI arms race amid investor stock freakout
Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...
Amazon CEO wants to put ads in your Alexa+ conversations
Andy Jassy's description of an AI-generated ad that Alexa+ delivers in a multistep conversation, which could help users find ...
Amazon eyes ads and upcharges for Alexa Plus
In the week’s least surprising news, Amazon CEO Andy Jassy revealed that the company is exploring ways to bring ads to Alexa ...
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Amazon cites AI for Q2 profit jump
Amazon saw an increase in profits in Q2 compared to 2024. Washington Congressman Michael Baumgartner paid tribute this week ...
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Amazon leans on AWS’ size, security as Q2 cloud market nears $100B
We have a meaningfully larger business in the AWS segment than others,” CEO Andy Jassy said during the company’s Q2 2025 ...
Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'
Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...