On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell the worries.

Jassy also countered the idea that Amazon ( NASDAQ: AMZN) may have fallen behind in the AI arms race.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

Investors had big expectations for Amazon, and in particular the company's AWS cloud unit, following strong results from Microsoft ( MSFT 3.94%). Amazon revenue and earnings were up 13% and 33%, ...

Amazon's stock was slumping 2.3% in recent after-hours trading despite both profit and revenue beating expectations. Turns out that while that's not the norm, it's not so uncommon. After the past 12 ...

Amazon reported earnings Thursday afternoon in the wake of upbeat cloud results from its major rivals that suggested healthy ...

Amazon shared more details about AWS in its Q2 2025 earnings report. The $30.9 billion in revenue that the division earned on ...

With headcount inching up to 1.55 million, CEO Andy Jassy said "AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business ...

How does financial transparency affect how CEO’s themselves are paid?Young Jun Cho and Hojun Seo investigate how the introduction of SFAS 131, requiring companies to report performance by business ...