Reported 12 months ago
Amazon CEO Andy Jassy has led the company to near-record-high shares trading around $200, recently surpassing a $2 trillion market cap. Jassy's strategic initiatives have been instrumental in propelling Amazon's growth, with a focus on cost controls, layoffs, and investments in AI to drive expansion. Despite competition from tech giants like Microsoft and Google, Amazon's AI capabilities are seen as a key driver for future growth, along with initiatives like Prime Day and efforts in the retail sector.
Source: YAHOO