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.com Inc. (NASDAQ:AMZN) has reportedly laid off several employees within its Amazon Web Services (AWS) cloud division, as the company continues to restructure amid the growing impact of ...

As of August 2025, Amazon CEO Andy Jassy’s net worth is estimated to be over $784 million, according to a filing with the Securities Exchange Commission. That figure is driven entirely by his Amazon ...

An analyst just asked Andy Jassy why AWS is trailing rivals like Azure. As we’ve described several times in this live blog, Azure just grew 39% while AWS is growing at 17.5%. The bottom line is ...

Amazon.com CEO Andy Jassy's predictions that automation would cost jobs at the company have proven accurate at Amazon Web Services.… Amazon confirmed to The Register today that jobs will go at several ...

Amazon CEO Andy Jassy said the quiet part out loud this week, predicting AI will reduce its workforce. At least he’s honest about it, even if he trotted out the “free up workers for higher-value work” ...

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Amazon's stock dropped 8.3% as AWS's growth significantly lagged ...

Javed is a senior editor at TIME, based in the London bureau. Photo-Illustration by TIME (Courtesy Photo) More than 20 years ago, Andy Jassy started to build Amazon Web Services (AWS), which would ...

Amazon's stock popped more than 13% on Thursday afternoon after the company reported huge growth in the third quarter, including in its cloud business, Amazon Web Services. CEO Andy Jassy said AWS was ...

Amazon shares touched a record high Friday, rising over 9%, after strong quarterly results that were driven by its growing cloud business – AWS—which saw a double-digit jump in sales to $30 billion.