Tag AMZN

Inflation, rising interest rates, and other macroeconomic headwinds have prompted many investors to stash more of their cash in fixed-income plays like CDs and U.S. Treasury bonds rather than stocks over the past year. Instead of ignoring stocks completely until a new bull market starts, investors should take this opportunity to accumulate shares of well-run companies that are trading at attractive valuations. It was serving 20.4 million active customers at the end of its fiscal 2022 (which ended in January 2023), and about 60% of those customers joined within the past three years -- so its management team clearly didn't lose much sleep over Amazon's (NASDAQ: AMZN) entry into the private-label pet products market in 2018...

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Amazon's new-ish CEO gave an optimistic take on several of the company's core businesses and the company's long-term prospects...

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Amazon (NASDAQ: AMZN) CEO Andy Jassy released the company's annual shareholder letter on Thursday. Unlike Founder Jeff Bezos, Jassy took the opportunity to review nearly every segment in the business, discussing at length where businesses like the marketplace, advertising, and Amazon Web Services (AWS) are today. Investors cheered the news as the company revealed it was working on its own large language model (LLM), announcing in an AWS post that it was casting its lot into the chatbot race with Bedrock AI...

Amazon.com Inc said its cloud computing division Amazon Web Services (AWS) and its voice assistant service Alexa were back online after a brief outage on Sunday...