Worried About Amazon's AI Spending? 9 Words From Andy Jassy That Should Ease Your Mind
Amazon offers AI customers access to AI chips and other key products and services.
| Ticker |
AMZN
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| CIK | 0001018724 |
| SIC | 5961 |
| Sector | Retail Trade |
| Industry Category | Retail |
| Industry Group | Retail – Non-Store Retailers (Catalogs, Etc.) |
| Address | 410 TERRY AVENUE NORTH, SEATTLE, WA, 98109 |
| Website | amazon.com |
| Phone | 2062661000 |
| CEO | Andrew R. Jassy |
| Employees | 1,541,000 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Worried About Amazon's AI Spending? 9 Words From Andy Jassy That Should Ease Your MindAmazon offers AI customers access to AI chips and other key products and services. Why Amazon Stock Dropped This WeekThe cloud computing colossus is spending like mad to win the artificial intelligence (AI) race. Dow Jones Futures Due; Dow Tops 50K As Apple, Boeing, These AI Stocks Are Buys. But Market Is Still Divided.The Dow has topped 50,000 for the first time, with JPMorgan, Apple and Boeing in buy areas. The Nasdaq is still below key support, but these AI stocks are reviving. Jim Cramer Says 'I Will Defend Amazon' After $200 Billion Spending Plan Triggers Selloff, Calls Google 'The Prize'Jim Cramer came to Amazon.com Inc’s (NASDAQ:AMZN) defense on Friday morning, even as he acknowledged a fundamental shift in the market’s relationship with mega-cap technology stocks. Despite Amazon’s decline, major indices posted gains on Friday. The S&P 500 rose 0.96% to 6,863.56, while the Nasdaq-100 gained 0.88% to 24,764.51. Cramer: ‘I Will Defend Amazon’ Speaking before Friday’s market open, Cramer, CNBC’s “Mad Money” host, said on X, “I will defend Amazon today. But it did trade to 197 yes Amazon delivers a jaw-dropper that changes the AMZN conversationAmazon (AMZN) did all the right things this quarter. In short, AMZN didn’t suffer an earnings problem this quarter. But it did have a price-tag problem. Amazon posted a clean win in the earnings report. A clean top-line beat and its fastest AWS growth in 13 quarters is usually cause for ... |