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Jeff Bezos is selling billions in Amazon shares, eventually coming to own 9% of the company's stock. CNBC’s Robert Frank explains. | CNBC

Jeff Bezos is selling billions in Amazon shares, eventually coming to own 9% of the company's stock. CNBC’s Robert Frank explains. | CNBC

27.4K viewsJul 12, 2024

Amazon reported better-than-expected earnings and revenue for the first quarter, but it gave light guidance for the current period. Full details: cnb.cx/4jAldNw | CNBC

Amazon reported better-than-expected earnings and revenue for the first quarter, but it gave light guidance for the current period. Full details: cnb.cx/4jAldNw | CNBC

4.1K viewsMay 1, 2025

Amazon shares slid in extended trading on Thursday after the company reported second-quarter results that exceeded expectations, but it gave light operating income guidance for the current period. Full details: cnb.cx/44YsOkm | CNBC

Amazon shares slid in extended trading on Thursday after the company reported second-quarter results that exceeded expectations, but it gave light operating income guidance for the current period. Full details: cnb.cx/44YsOkm | CNBC

3.1K views9 months ago

Amazon shares jumped in extended trading Thursday after the company posted third-quarter earnings that exceeded expectations and strong cloud growth. Find more: cnb.cx/4hBpZKF | CNBC

Amazon shares jumped in extended trading Thursday after the company posted third-quarter earnings that exceeded expectations and strong cloud growth. Find more: cnb.cx/4hBpZKF | CNBC

10K views6 months ago

Amazon bets big on cloud as rivals gain ground ahead of earnings

Amazon bets big on cloud as rivals gain ground ahead of earnings

#Amazon invested $50 billion in #OpenAI as part of a $110 billion funding round announced on Friday.

#Amazon invested $50 billion in #OpenAI as part of a $110 billion funding round announced on Friday.

69.7K views2 months ago

Amazon CEO Andy Jassy discusses the impact tariffs could have on sellers from China who sell on Amazon's marketplace. Watch more of the interview: cnb.cx/43fbBCK | CNBC

Amazon CEO Andy Jassy discusses the impact tariffs could have on sellers from China who sell on Amazon's marketplace. Watch more of the interview: cnb.cx/43fbBCK | CNBC

602 viewsFeb 26, 2025

Amazon CEO Andy Jassy on Monday told CNBC's Jim Cramer that the tech giant hasn’t seen significant price increases, and he explained mitigation strategies his company and its sellers are using. “We did a lot of forward buying several months ago, and then a lot of our sellers, our third party selling partners, forward deployed a lot of inventory to avoid some of the issues with the uncertainty around where tariffs are going to settle,” Jassy said. | CNBC

176K views10 months ago

Amazon laying off about 14,000 corporate workers as it invests more in AI

CNBCAnnie Palmer

Amazon is in talks to invest up to $50 billion in OpenAI, CNBC confirmed on Thursday, in a significant vote of confidence from the e-commerce giant after it invested in one of the startup's biggest rivals. OpenAI CEO Sam Altman and Amazon CEO Andy Jassy have been engaging in the discussions directly, according to a source familiar with the matter who asked not to be named because the details are confidential. Read more: cnb.cx/3Z3PsnB | CNBC

1.7K views3 months ago

Amazon surges on blowout quarter

Amazon CEO Andy Jassy said President Donald Trump's sweeping tariffs are starting to be reflected in the price of some items, as sellers weigh how to absorb the shock of the added costs. Read more: cnb.cx/3LRjo3c | CNBC

5.6K views4 months ago

Amazon is everywhere. In the U.S. it accounts for about half of every dollar spent online. | CNBC

27.3K viewsApr 16, 2018

Walmart’s marketplace is a key part of its strategy to grow profit faster than sales and compete with Amazon, but a CNBC investigation uncovered new details about how this growth comes with some risk. CNBC found dozens of third-party sellers who had stolen the identity of another business, and determined some of those sellers were listing counterfeit health and beauty products. Find the full investigation here: cnb.cx/4mmNRlS | CNBC

4.7K views8 months ago

CNBC’s Kate Rooney reports on Amazon's AI sentiment shift and the company's long-term playbook. Find more: cnb.cx/3CKvM0k | CNBC

819 viewsFeb 10, 2025

Amazon issued a response to the White House slamming the company for reportedly planning to display the cost of President Donald Trump’s tariffs next to the total price of products on its site. An Amazon spokesperson told CNBC that the company was only ever considering listing tariff charges on some products for Amazon Haul, its budget-focused shopping section, and not on its main site. Read more: cnb.cx/3GxlUIR | CNBC

60.1K viewsApr 29, 2025

CNBC’s Kate Rooney reports on the latest developments in Amazon's drone delivery service. Watch more: cnb.cx/4fjOKbC | CNBC

12.3K viewsDec 10, 2024

Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that the company duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement comes as Amazon and the FTC were just three days into the trial in a Seattle federal court. Opening arguments took place on Tuesday. Read more: cnb.cx/3Km6UPZ | CNBC

2.2K views8 months ago

Amazon Web Services CEO Matt Garman suggested that investors might be worrying too much about the risk of AI models slowing the growth of major software companies. Watch more here: cnb.cx/4bSOqlT | CNBC

2.1K views3 months ago

Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that the company duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement comes as Amazon and the FTC were just three days into the trial in a Seattle federal court. Opening arguments took place on Tuesday. Read more: cnb.cx/4neXJPU | CNBC

5.6K views8 months ago

Behind Amazon and Walmart's battle to dominate everything

Amazon won enough votes today to beat the union effort at one of its Alabama warehouses — but its labor battles are far from over. | CNBC

8.2K viewsApr 10, 2021

Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push

CNBCAnnie Palmer

Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company’s multiyear effort to rein in costs. In a blog post, the company wrote that the layoffs are being carried out to help make the company leaner and less bureaucratic, while it looks to invest in “our biggest bets” including generative artificial intelligence. Read more: cnb.cx/47rkIQZ | CNBC

58.4K views6 months ago

Amazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday that took down numerous major websites. CNBC's MacKenzie Sigalos breaks down what you need to know. cnb.cx/48zrTJg | CNBC

5.9K views7 months ago

Amazon missed on both earnings and revenue — Here's what four experts are watching now

Amazon’s in-house chip strategy helps drive stock to new record on cloud beat

6.4K views6 months ago

YouTubeCNBC Television

Market Navigator: Cost-effective plays for Amazon

2.6K viewsFeb 4, 2025

YouTubeCNBC Television

Amazon’s mass layoffs announced last month hit engineers the hardest, according to state filings. Nearly 40% of the roughly 4,700 positions eliminated across Washington, New York, New Jersey and California were engineering jobs. CNBC's MacKenzie Sigalos explains. Find more: cnb.cx/488WoDV | CNBC

54.4K views6 months ago

Amazon is putting into motion one of its most ambitious sustainability efforts yet. Here’s how. | CNBC

36.4K viewsJun 20, 2024

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