Amazon’s cloud business is surging — and so is its capital spending
The e-commerce giant is making more money than expected from AWS but it’s also spending a lot, and will continue to do so in the near term, its chief executive said.
Andy Jassy
Amazon CEO takes aim at Nvidia, Intel, Starlink, more in annual shareholder letter
Andy Jassy’s annual shareholder letter reads something like a diss track to a wide range of competitors as he defends spending $200 billion in capex.
Amazon says it is laying off 16,000 employees
This is Amazon’s second layoff after the company cut 14,000 corporate jobs in October.
Amazon CEO Andy Jassy says tariffs are starting to drive up product prices
Jassy said on Tuesday that while Amazon is trying to keep prices low, price hikes may be unavoidable in some cases.