Amazon CEO Andy Jassy joins 'Mad Money' host Jim Cramer to talk quarterly results, the state of its supply chain, tech advancements and more.
CEO Andy Jassy said Amazon's massive AI spending reflects a once-in-a-generation opportunity and will ultimately drive stronger long-term growth and returns. He argued investors are overlooking how Amazon invests ahead of demand, noting profits and cash flow typically follow once infrastructure is fully utilized.
Amazon is entering another industry, and it's making waves.
Amazon formally adopts Claude Code and Codex company-wide, expanding access to AI tools beyond Kiro. Amazon is a close partner with Anthropic and OpenAI, having invested billions in both AI labs.
Amazon's new delivery service is a “power move” and “shot across the bow at UPS and FedEx,” said Wedbush analyst, Dan Ives.
How do you turn a shrinking video game retailer into a serious competitor of everything-store Amazon? Be niche, according to GameStop CEO Ryan Cohen.
Amazon announced Monday it is opening up its massive shipping and delivery network to any business that wants to use it—not just the merchants who sell on Amazon's website.
FedEx and UPS shares are falling, but one analyst isn't sure that Amazon's new service will have a significantly disruptive effect.
United Parcel Service Inc (NYSE:UPS) shares are dropping after Amazon.com Inc (NASDAQ:AMZN) unveiled its new Supply Chain Services platform that directly overlaps with UPS's core operations.
Shares of FedEx (NYSE: FDX) are down 9% to roughly $359 in midday trading Monday, while United Parcel Service (NYSE: UPS) stock is down 10% to about $97. The trigger: Amazon (NASDAQ: AMZN) has officially launched Supply Chain Services as a direct enterprise offering. Amazon stock is up 1% to $271 on the news, building on a 27%... FedEx Slides 9%, UPS Sinks 10% as Amazon Supply Chain Services Goes Live: How Real Is the Threat?