Andy Jassy makes it clear giving up on Amazon's stock would be an expensive mistake

Andy Jassy makes it clear giving up on Amazon's stock would be an expensive mistake

In a recent statement, Andy Jassy, the CEO of Amazon, emphasized the potential pitfalls of divesting from the company's stock. He expressed confidence in Amazon's long-term growth strategy and highlighted the significant value that shareholders can still expect to gain. Jassy noted that despite current market fluctuations, the company's foundational strengths remain robust. He urged investors to consider the innovative projects in the pipeline and the overall resilience of Amazon's business model. As the tech landscape evolves, Jassy's remarks serve as a reminder of the importance of maintaining a long-term perspective in investment decisions. With Amazon continuing to expand its reach and diversify its offerings, he believes that now is not the time for investors to lose faith in the company's potential for future success.

Sources : CNBC

Published On : Apr 09, 2026, 17:35

Space
SpaceX Successfully Tests Starship Rocket, Launching New Era of Space Exploration

On Friday evening, SpaceX executed a significant milestone by launching its colossal Starship rocket from its facility i...

CNBC | Jul 25, 2026, 24:10
SpaceX Successfully Tests Starship Rocket, Launching New Era of Space Exploration
Automotive
Waymo to Launch Standalone App, Ending Exclusivity with Uber in Major Cities

For the past three years, Uber and Waymo, the autonomous vehicle division of Alphabet, have collaborated to provide driv...

CNBC | Jul 24, 2026, 21:55
Waymo to Launch Standalone App, Ending Exclusivity with Uber in Major Cities
AI
Revolutionizing Office Automation: Prentis Aims to Secure $100 Million in Funding

Prentis, a newly established AI research lab, is making waves in the tech industry as it prepares to raise $100 million ...

TechCrunch | Jul 25, 2026, 24:00
Revolutionizing Office Automation: Prentis Aims to Secure $100 Million in Funding
Science
Finland Unveils World's Largest Sand Battery to Tackle Renewable Energy Challenges

In a groundbreaking move to address the critical issue of renewable energy intermittency, a small town in southern Finla...

CNBC | Jul 25, 2026, 05:35
Finland Unveils World's Largest Sand Battery to Tackle Renewable Energy Challenges
Streaming
Kalshi Challenges Netflix Over Controversial Documentary Trailer

Kalshi, the prediction market platform, has taken significant legal steps against Netflix, sending a cease-and-desist le...

TechCrunch | Jul 25, 2026, 17:10
Kalshi Challenges Netflix Over Controversial Documentary Trailer
View All News