Amazon Earnings Provide Sneak Peak Into Short-Term Future Strategy
Amazon(AMZN) PYMNTS.com·2024-11-01 09:52
By now you probably know that Amazon exceeded revenue expectations for Q3 Thursday (Oct. 31) driven by the strength of its AWS cloud computing division and its fall sales events. But what you might not have seen or heard is that CEO Andy Jassy played a few cards from his 2025 strategy deck, and no, they don’t all have to do solely with GenAI. Artificial intelligence (AI) played a big part in Amazon’s earnings commentary, but not as dominant as earnings events this week from Apple, Google and Meta. “At a tim ...