Amazon CEO Andy Jassy in shareholder letter says he's committed to cost cutting while investing in AI [MSNBC.com]
Victorias Secret & Co. (VSCO)
Company Research
Source: MSNBC.com
Amazonpublished"I think every one of us at Amazon believes that we have a long way to go, in every one of our businesses, before we exhaust how we can make customers' s better and easier, and there is considerable upside in each of the businesses in which we're investing," Jassy wrote in his third shareholder letter since taking the helm at Amazon from former CEOJeff Bezosstepped down in mid-2021Under Jassy, Amazon hasmorphed into a leaner version of itselfcloud computingEven amid a period of retrenchment in some areas, Jassy said he's focused on finding new areas of growth within the company so that Amazon remains "resilient" in the long term. He stressed the importance of building "primitive services," which he described as "discrete, foundational building blocks" that can spur new projects and businesses.Jassy used Amazon Web Services, its cloud computing division, as an example. Before he became Amazon's CEO, Jassy oversaw the creation of AWS, which grew from an internal tool powe
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VSCO
Earnings
- 3/6/24 - Beat
VSCO
Sec Filings
- 4/22/24 - Form PRE
- 3/22/24 - Form 4
- 3/22/24 - Form 10-K
- VSCO's page on the SEC website