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Analysts reboot Amazon stock price target ahead of earnings [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Responding to what he called a "provocative question," the Amazon AMZN chief executive explained the secret to the e-commerce giant's resilience in his annual letter to shareholders. Related: Analysts scramble to reset Tesla price targets as stock soars after earnings Jassy listed several reasons for Amazon's 30-year success story, including "hiring builders who are motivated to improve and expand what's possible continually; and solving real customer challenges rather than what we think may be interesting technology." And one of the concepts sounded really basic. "Not wasting time trying to fight gravity (spoiler alert: you always lose)," Jassy wrote. "When we discover technology that enables better customer experiences, we embrace it." He also cited his company's ability to accept and learn from failed experiments and "actually becoming more energized to try again, with new knowledge to employ." Amazon is scheduled to report first-quarter results on April 30. Analysts s
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- New FTC transcript reveals juicy details on how Jeff Bezos and other top Amazon execs used disappearing messages [Business Insider][Business Insider]
- New Florida resident Jeff Bezos pumped $60 million into making lab-grown meat taste better. Ron DeSantis just banned it from the state [Fortune][Fortune]
- Amazon CEO Violated Labor Laws with Anti-Union Comments, NLRB Rules [Yahoo! Finance][Yahoo! Finance]
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [TechCrunch][TechCrunch]
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [Yahoo! Finance][Yahoo! Finance]
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